A $387.5 million exchange breach tests centralized-market infrastructure. It does not, by itself, invalidate the monetary thesis behind Bitcoin. The core conclusion Bitget’s breach is a serious test of centralized-exchange…
Bitget says it has replenished its User Protection Fund to more than $300 million following the exchange’s $388 million security breach, completing a capital injection only two days after promising…
Attackers linked to Bitget’s $387.5 million security breach were operating inside compromised infrastructure nearly four weeks before the money started leaving the exchange, according to new forensic findings from blockchain…
Operators laundering funds from Bitget’s $387.5 million security breach have sharply increased their use of Zcash’s privacy infrastructure, moving 2,746.31 ZEC into the Ironwood shielded pool on September 30 in…
Bitget has restored USDT withdrawals as the crypto exchange moves through the third stage of its recovery from a security breach that resulted in approximately $387.5 million in unauthorized transfers.…
An address linked to the attacker behind Bitget’s $387.5 million September 24 security breach attempted to move stolen funds through cross-chain protocol Chainflip, only for the deposit to be rejected…
Bitget is moving into the second day of its phased withdrawal recovery after reopening Bitcoin withdrawals following the $387.5 million security breach that disrupted the exchange last week. The next…
Bitget has reopened Bitcoin withdrawals four days after a security incident moved an estimated $387.5 million in crypto assets to attacker-controlled addresses, beginning a phased restoration of services as the…
Bitget has disclosed its clearest explanation yet of how attackers were able to move approximately $387.5 million from the crypto exchange, saying a critical backend system inside its wallet infrastructure…
Funds linked to the $387.5 million Bitget breach have moved through a multi-chain conversion route ending in a Wasabi CoinJoin transaction, giving investigators their clearest look yet at how part…