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Bitget Hackers Drain $228M in 18 Minutes, Arkham Tracks 7 Chains

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Bitget lost about $350 million in a breach spanning seven blockchains, according to Arkham’s analysis of the stolen funds. The exchange has paused withdrawals while investigators track the assets, including $153 million in XRP. $228 Million Left Bitget in 18 Minutes Bitget customers could not withdraw funds after attackers drained the crypto exchange on Sept. […] Crypto Insight Analysis: Direction: Bearish GT / Neutral XRP Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Exchange hack undermines user trust and liquidity, but stolen XRP's impact is limited to exchange operations.

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