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Crypto

Bitget Revises Hack Loss to $387.5M Amid Remittix's PayFi Launch

Guavy AI Editorial Team
Instruments
BTC
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Bitget's recent security breach has been revised to an estimated loss of $387.5 million, up from its initial estimate of $351.6 million.

The incident occurred on September 24 when unauthorized transfers affected a portion of the exchange's hot and warm wallet infrastructure across several blockchains, but cold wallets remained untouched.

Bitget has assured customers that their account balances remain unaffected and is restoring withdrawals in phases, starting with BTC on September 28.

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