Bitget clarifies $388M in assets affected by security breach

60-second summary
Bitget confirms its recent security breach impacted roughly $388 million in user assets, which is about $35 million higher than earlier estimates after analyzing holdings on Zcash and TRON networks. The exchange says the additional loss stems from compromised wallets tied to those chains. This revelation pressures the platform’s reputation and may trigger tighter industry security standards.
The Bitget breach announced on Thursday affected about $35 million more than previously reported, based on an analysis of assets on Zcash and TRON.