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News 2026-09-28 14:51 UTC

Bitget CEO says $388M hack exploited third-party security vulnerability

Bitget CEO Gracy Chen said the crypto exchange’s recent $388 million exploit stemmed from a vulnerability in a third-party security product that allowed the attacker to obtain “high-level internal credentials.”In comments to Cointelegraph, Chen said the attacker used those credentials to issue frau…