Bitget Security Breach Reveals $387.5M Loss as Remittix Prepares for Token Debut

Bitget, a cryptocurrency exchange, has reported a massive security breach in which approximately $387.5 million was transferred to attacker-controlled addresses on September 24. The company initially estimated that around $351.6 million was affected but updated its tracing to reveal the higher figure.

This incident highlights the importance of understanding how products work and where assets are held at each step, especially for those considering investing in finance ecosystems.

Meanwhile, Remittix has confirmed its plans to debut its RTX token on November 24 after raising over $32 million in contributions. The project offers a live trading platform, an iOS wallet, and is developing crypto-to-bank payment tools.