News about Bitget

Hacken says hackers stole $1.18 billion from crypto projects in the third quarter across 107 incidents, up 55% from the previous quarter. About $906.8 million of that came from compromised suppliers or developer tools, uninstalled security fixes, or components excluded from the latest security review. Hacken warns that audit badges can give investors a false sense of security, since reviews often omit wallets, signing systems and third-party software that attackers target. The biggest incident was the September attack on Bitget, which lost at least $352 million after hackers exploited a vulnerability in a third-party security product.