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Crypto Exchange Bitget Exploited for $351M as Hacker Swaps Funds for Ethereum

Crypto exchange Bitget confirmed a $351.6 million security breach after attackers drained several hot wallets, moved assets across chains, and converted stablecoins into Ethereum during rapid transactions. Ad Ad Bitget Confirms $351.

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Crypto Exchange Bitget Exploited for $351M as Hacker Swaps Funds for Ethereum

Why it matters

Loss events reprice related tokens and counterparties first. Confirm what was taken, what was recovered, and whether a chain or a custodian is in scope.

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