▼ Bearish
Bitget has reported a loss of $351.6 million, attributed to a vulnerability in its wallet backend that allowed attackers to spoof transaction data and bypass authorization.
The exchange confirmed that private keys were not compromised during the incident. This event highlights ongoing concerns regarding the security of crypto platforms and the potential role of AI in identifying such vulnerabilities.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.