Hacking News
Bitget Restricts Services After $388 Million Security Breach
Bitget, a cryptocurrency exchange, will discontinue services for some users as part of a one-off exercise due to a security breach involving approximately $388 million across 12 addresses. The exchange has assured customers that their funds remain safe and that the platform will continue operating. Bitget plans to place Japan-resident accounts in close-only mode starting November 1, following notice of an unauthorized-transfer incident.