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Bitget Suffers Year’s Largest Crypto Hack as Losses Top $387M

Bitget Suffers Year’s Largest Crypto Hack as Losses Top $387M

Cryptocurrency exchange Bitget said in a Friday (Sept. 25) post on X that assets equivalent to about $387.5 million were stolen in an attack the company announced Thursday (Sept. 24).

In its earlier report, in a Thursday post on X, Bitget said it estimated that about $351.6 million in assets were stolen.

“The revised figure reflects a more complete accounting of transfers that occurred during the incident, adding affected assets on Zcash and TRON that were not included in the initial estimate,” Bitget said in its Friday post. “It does not reflect further unauthorized transfers. The incident remains contained and no further unauthorized transfers are possible.”

Bitget said in its Thursday post that its security systems…

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