The post Bitget Hack Details: How Fraudulent Approvals Enabled $387M Theft appeared first on Coinpedia Fintech News
The Bitget hack has turned into a much bigger security incident than the exchange’s first estimate suggested. Bitget now says attackers stole $387.5 million from its exchange wallets on September 24, while withdrawals remain suspended and the company says its protection fund covers the loss. Mandiant and SlowMist are investigating. CEO Gracy Chen suspects North …