Bitget absorbed the entire $388 million loss from a hack exploiting a third-party security vulnerability, ensuring no user funds were lost. The exchange used its own capital to replenish its user protection fund, which now exceeds $300 million. CEO Gracie Chen emphasized that private keys and cold wallets were not compromised, and the attack was external, not insider-related. Bitget has since tightened vendor checks and enhanced security measures to prevent future breaches.
Bitget's $388 million hack loss and security response provide context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, as of Oct 24, 2026 22:21 WIB: only 3 of 50 major cryptocurrencies rose while 46 fell. Notably, BAL rose 11.14% to Rp16,297 contrasting with SXP's sharp 46.27% drop to Rp37 and COTI's 11.17% decline to Rp191, where COTI also showed heavy sell pressure at 84% of Pluang order activity.
The Royal Canadian Legion has launched its 2026 National Poppy Campaign introducing a new contactless donation method using smartphones, supported by BMO and Toucan Giving technology. This innovation allows volunteers to collect donations via debit, ...
XBiotech Inc. announced the election of Jan-Paul Simard as Co-Chief Executive Officer alongside current CEO Dr. Sushma Shivaswamy, effective October 23, 2026. This leadership change aims to leverage their complementary skills and scientific expertise...
XBiotech Inc. announced the appointment of Sushma Shivaswamy and Jan-Paul Simard as co-chief executive officers, effective October 23, 2026. Shivaswamy, with 17 years at the company, has led scientific operations and was interim CEO since December 20...
Boeing will report its Q3 earnings on October 27, following the FAA's recent certification of the 737-10 model. Despite regulatory wins like this certification and a new labor contract, Boeing's shares have fallen nearly 15% since the last report. In...
Bitcoin (BTC) dropped below $80,000, reaching $79,700 with a 2.2% decline over 24 hours, as US advisories for Qatar and Lebanon warned of possible diplomatic staffing changes due to security concerns. The US State Department raised travel advisory le...
