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Bitget CEO says $388M hack exploited third-party security vulnerability

Published Source: CoinTelegraphRead original

Crypto Insight Summary: Some stolen assets have been frozen, but Bitget has yet to disclose how much has been recovered as investigators continue to assess a possible North Korea link. Crypto Insight Analysis: Direction: Bearish GT Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Exchange hack damages user trust and liquidity, but asset freezing mitigates impact.

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