✉news TechnologyCybersecurity first seen 16 h ago, last 4 h ago, peak #9
BitGet Says Stolen Funds Nearing $400 Million in Security Breach
Original: MILESTONE | BitGet Says Stolen Funds Nearing $400 Million as Security Breach Unfolds
Crypto exchange BitGet says funds stolen in an ongoing security breach are nearing $400 million. The company disclosed the figure as an apparent milestone in its assessment of the incident, making it one of the larger exchange hacks in recent memory. The unfolding breach is drawing wide attention across the crypto industry, with observers watching how much was taken and how BitGet responds.
Why now: The scale of the loss is approaching a major milestone, making it one of the biggest crypto exchange breaches recently.
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