Bitget Raises Hack Toll to $387.5M as Recovery Bounty Launched
Bitget has revised its initial estimate of losses from last week's hack to $387.5 million, up from an initial $351.6 million.
The exchange attributed the increase to additional transfers on Zcash and TRON that were initially overlooked.
The stolen assets include XRP, ETH, Tether (USDT), Zcash (ZEC), USD Coin (USDC), USDT0 (USDT0), Tether Gold (XAUt), BNB, Avalanche (AVAX), and TRON (TRX).
Bitget has identified the vulnerability that allowed the attacker to bypass its security controls, which has been fixed.