Technology

Bitget Exchange Hit by Cyberattack: $352 Million in Assets Drained

Bitget exchange announced that cyberattackers bypassed its security systems and moved $352 million worth of assets out of its wallets.

Emir KılıçEmir Kılıç1 min read
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Bitget Exchange Hit by Cyberattack: $352 Million in Assets Drained

Cryptocurrency exchange Bitget has announced that cyberattackers bypassed its security systems and moved $352 million worth of assets out of its wallets. The attack is said to have been carried out using an unusual method.

According to the company's statement, the attackers took an unconventional approach to evade its security systems. This allowed assets in the exchange's wallets to be transferred out.

The investigation into the incident is ongoing, and further details about how the attack was carried out have not yet been clarified, the company said.

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