✉news TechnologyCybersecurity first seen 14 h ago, last 31 min ago, peak #6
Bitget says third-party zero-day led to $387.5 million crypto theft
Original: Bitget Confirms Third-Party Zero-Day Behind $387.5 Million Cryptocurrency Theft
Crypto exchange Bitget says a $387.5 million theft was enabled by a zero-day vulnerability in a third-party service, not its own systems. The breach ranks among the larger cryptocurrency heists in recent memory, and the disclosure is likely to renew debate over exchanges' reliance on external providers and the security risks that dependence carries.
Why now: A major exchange attributing a large nine-figure theft to a third-party flaw raises concerns about supply-chain security across the crypto industry
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