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Mmastodon BusinessCrypto first seen 8 h ago, last 39 min ago, peak #8

Bitget breach sees $387.5M stolen via third-party security flaws

Original: Bitget suffered a CRITICAL breach ($387.5M stolen) via zero-days in two 3rd-party security appliances. Hot/warm wallets

Crypto exchange Bitget has suffered a major security breach in which roughly $387.5 million was stolen. Attackers exploited zero-day vulnerabilities in two third-party security appliances to access hot and warm wallets holding ETH, XRP, BNB, AVAX, USDT and USDC. Security researchers are urging other exchanges to suspend similar systems and monitor vendor advisories for patches.

Why now: The scale of the theft and the use of zero-days in third-party security appliances raise immediate concerns for exchanges running similar infrastructure.

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