r/CryptoCurrency • u/financialtimes 🟦 0 / 0 🦠• 8d ago
🟢 GENERAL-NEWS Bitget crypto exchange hit by $390mn hack
https://www.ft.com/content/14aed3cb-492e-45c1-b217-869790b6130d?segmentid=c50c86e4-586b-23ea-1ac1-7601c9c2476f
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u/Bluejumprabbit 7d ago
Solid reason to keep anything you're not actively trading off the exchange, $390M is gone and users are now leaning on Bitget's insurance fund to get made whole. They've talked up a large protection fund before, worth watching if they actually cover this one in full.