Bitget CEO Gracy Chen Says Exchange Could Absorb Another Major Hack After $387.5M Theft
With withdrawals restored after the $387.5M Bitget hack, CEO Gracy Chen says the exchange could absorb another major loss.
With withdrawals restored after the $387.5M Bitget hack, CEO Gracy Chen says the exchange could absorb another major loss.
September's crypto hack losses hit $766.49 million, up 462% from August, led by Bitget's $387 million theft. PeckShield logged 55 major incidents.
Bitget customers withdrew over 4,000 bitcoin in the first hour after the exchange reopened withdrawals following a $388M hack.
Bitget resumes BTC withdrawals after Sept 24 incident, plans phased recovery. User funds safe.
Blockchain sleuth ZachXBT says money launderers tied to the $387M Bitget hack sought help in public chats.
THORChain rejects Bitget's request to block hacker funds, citing its permissionless nature, as stolen assets are converted into Bitcoin.
Bitget confirmed a $387.5 million hack on Sept 24. Attackers compromised its backend system, and withdrawals remain suspended.
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