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7.0

Bitget loses $351M in largest crypto hack of year; withdrawals halted

Crypto exchange Bitget suffered a $351 million theft, the largest cyber attack of the year, prompting a temporary suspension of withdrawals. The breach underscores persistent vulnerabilities in centralized crypto platforms and may trigger regulatory scrutiny and market jitters. Details on the attack vector and recovery plans remain unconfirmed.

Myfinabout 4 hours agoSGCredibility 10%View source

Score Breakdown

Mosaic Score7.0
Confidence0.5
Significance0.8
Source credibility0.1

Intelligence Tags

Locations

Singapore

Entities

concept
Source

Part of a situation

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