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Bitget says its $464 million backstop will cover losses, though the final draw depends on recoveries. Bitget said its $351.6 million wallet breach bears the hallmarks of North Korean hackers as investigators race to trace and freeze stolen assets. The crypto exchange said.
Bitget CEO Gracy Chen said the $351.6 million breach was contained to hot and warm wallets, with customer funds covered by its protection fund. Bitget has confirmed a hot wallet security breach affecting approximately $351.6 million in crypto, while saying customer funds remain.
More than $350 million in crypto assets has been drained from wallets belonging to cryptocurrency exchange Bitget in a confirmed hack, according to CEO Gracy Chen. Chen said company cold wallets, those held offline, remain "fully secure," and that only the exchange's hot.
More than $180 million was reportedly moved from Bitget labeled wallets to a fresh address as the exchange remains silent on a possible breach. Digital asset exchange Bitget may have suffered a wallet compromise after analysts identified unusual cross-chain transfers and an.
The Layer 2 network shifts to a granular bidding system and launches a paid data feed that routes 97% of revenue to the DAO treasury Arbitrum One has ditched its Timeboost transaction ordering system in favor of Priority Gas Auctions, a model that lets users compete for.
The cross-chain bridge taps Eco's intent-based routing system to deliver faster, cheaper stablecoin transfers across dozens of blockchains. Cross-chain stablecoin swaps have long been one of DeFi’s most frustrating experiences. Slow settlement, unpredictable pricing, partial.
The Arbitrum-based derivatives protocol will fully unlock its entire airdrop allocation at launch, with unclaimed tokens burned permanently Variational, the onchain derivatives protocol powering the Omni trading platform, revealed plans to launch its VAR token in Q4 2026. The.
