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✉news TechnologyCybersecurity first seen 21 h ago, last 2 h ago, peak #3

Bitget Hit by $387.5 Million Zero-Day Exploit Breach

Original: Bitget Cryptocurrency Exchange Breach: $387.5M Stolen via Zero-Day Exploit in Third-Party Security Products

Cryptocurrency exchange Bitget has reportedly been breached, with $387.5 million stolen through a zero-day exploit targeting third-party security products. The attack did not exploit Bitget's own systems directly but a vulnerability in software supplied by external vendors, raising fresh questions about supply-chain risk across crypto platforms. Analysts are warning exchanges to audit vendor security as details of the theft and recovery prospects remain limited.

Why now: The reported scale of the theft and the use of a third-party zero-day exploit have put supply-chain security in the crypto industry back in the spotlight.

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