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Bitget Restarts Bitcoin Withdrawals as $388M Hack Investigation Widens

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Bitget told Bitcoin.com News that it has started restoring withdrawals after attackers exploited a third-party security vulnerability to steal approximately $388 million from the cryptocurrency exchange. The crypto exchange said its private keys and cold wallets were never compromised, while customer balances remain intact. By Monday morning, Bitget had processed 9,585 bitcoin withdrawals totaling 4,098 […] Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Exchange security incident resolved quickly, minimal market-wide impact.

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Bitget Restarts Bitcoin Withdrawals as $388M Hack Investigation Widens — Crypto Insight