Crypto Wallets Drained Across Multiple Chains, Bitget Loses Estimated $350M

Multiple cryptocurrency wallets were drained across various chains, with Bitget losing an estimated $350 million. This is one of several recent incidents, including a hack on the SingularityNET Bridge that forced Fetch.ai to pause AGIX-FET conversions due to an attacker draining approximately $1.56 million in FET tokens.

The Cosmos network also suffered from a bug that drained 169,000 ATOM tokens, but was able to recover around $2.2 million after restarting its block production for nearly 25 hours.

Radix experienced a 10-day halt due to a three-year-old bug that extracted approximately $1.26 million in digital assets across 26 transactions.