✉news TechnologyCybersecurity first seen 9 h ago, last 1 h ago, peak #21
Bitget Raises Hack Loss Estimate to $387.5 Million
Original: Bitget Raises Hack Loss Estimate to $387.5 Million, Sets Phased Withdrawal Timeline
Crypto exchange Bitget has increased its estimate of losses from a recent hack to $387.5 million and announced a phased timeline for restoring customer withdrawals. The revised figure makes it one of the larger exchange security breaches, and users are watching closely to see whether the payout schedule holds and how the platform compensates affected accounts.
Why now: The sharply higher loss estimate and the withdrawal timeline directly affect users' frozen funds, making it urgent news in the crypto community.
Evidence
- Bitget Raises Hack Loss Estimate to $387.5 Million, Sets Phased Withdrawal Timeline · finance.biggo.com
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