✉news TechnologyCybersecurity first seen 22 h ago, last 5 h ago, peak #21
Bitget Raises Hack Loss Estimate to $387.5 Million
Original: Bitget Raises Hack Loss Estimate to $387.5 Million, Sets Phased Withdrawal Timeline
Crypto exchange Bitget has increased its estimate of losses from a recent hack to $387.5 million and announced a phased timeline for restoring customer withdrawals. The revised figure and withdrawal plan are drawing attention across the crypto industry, with users awaiting details on when they will regain full access to their funds.
Why now: The significantly higher loss estimate and the timeline for resuming withdrawals directly affect users of the exchange.
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Evidence
- Bitget Raises Hack Loss Estimate to $387.5 Million, Sets Phased Withdrawal Timeline · finance.biggo.com
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