Bootstrap Gallery
  1. Home
  2. Markets
Latest Markets News 🔥
Markets
Bitget’s $352 Million Breach Attributed to Spoofed Transfers Rather Than Private‑Key Theft, Says CEO Gracy Chen
In a recent public statement, Gracy Chen, the chief executive officer of the cryptocurrency exchange Bitget, clarified the mechanics behind the massive security breach that resulted in the loss of roughly $352 million in user funds. Contrary to early speculation that the attackers might have obtained private keys—an often‑cited vector for crypto theft—Chen emphasized that the perpetrators exploit…
Sept. 25, 2026, 4:29 a.m.
Markets
Bitget’s $352 Million Breach Resulted from Faked Transfers, Not Stolen Private Keys, Says CEO Gracy Chen
In a recent statement posted on the social platform X, Bitget’s chief executive officer, Gracy Chen, clarified the mechanics behind one of the most significant cryptocurrency security incidents of the year. The exchange reported a total loss of approximately $351.6 million, a figure that has drawn considerable attention from both the crypto community and financial regulators. Contrary to the init…
Sept. 25, 2026, 4:29 a.m.
Markets
CEO Gracy Chen Clarifies Bitget's $352 Million Breach Was Due to Spoofed Transfers, Not Private Key Theft
In a recent statement posted on the social media platform X, Gracy Chen, the chief executive officer of the cryptocurrency exchange Bitget, provided a detailed explanation of the massive security incident that resulted in the loss of approximately $352 million. Contrary to early speculation that suggested the attackers may have obtained private keys to directly siphon funds, Chen clarified that t…
Sept. 25, 2026, 4:29 a.m.
Markets
CEO Gracy Chen Explains That Bitget’s $352 Million Breach Resulted From Spoofed Transfers, Not Private Key Theft
In a recent statement posted on the social media platform X, Bitget’s chief executive officer, Gracy Chen, clarified the mechanics behind one of the most significant cryptocurrency security incidents of the year. The exchange reported a staggering loss of approximately $351.6 million, a figure that places the breach among the largest ever recorded in the digital asset space. Contrary to early spe…
Sept. 25, 2026, 4:29 a.m.
Markets
CEO Gracy Chen Clarifies That Bitget’s $352 Million Breach Resulted from Spoofed Transfers, Not Private Key Theft
In a recent statement posted on the social media platform X, Gracy Chen, the chief executive officer of Bitget, shed light on the mechanics behind the massive security incident that led to the loss of roughly $352 million from the cryptocurrency exchange’s reserves. Contrary to early speculation that the breach might have involved the direct theft of private keys—an often‑cited vulnerability in t…
Sept. 25, 2026, 4:29 a.m.
Markets
Bitget’s $352 Million Breach Attributed to Spoofed Transfers Rather Than Private Key Theft, Says CEO Gracy Chen
In a startling revelation that underscores the evolving sophistication of cyber‑crime tactics, Bitget—a prominent cryptocurrency exchange—has disclosed that a massive financial breach, amounting to roughly $352 million, was the result of a spoofing attack on transaction data rather than the more commonly reported theft of private keys. The exchange’s chief executive officer, Gracy Chen, took to t…
Sept. 25, 2026, 4:29 a.m.
Markets
Bitget’s $352 million breach resulted from forged transfers, not stolen private keys, says CEO Gracy Chen
In a detailed statement posted on the social platform X, Bitget’s chief executive officer, Gracy Chen, clarified the mechanics behind the massive financial loss that the cryptocurrency exchange recently endured. The incident, which resulted in a shortfall of roughly $351.6 million, was not the product of traditional private‑key theft—a scenario that often dominates headlines in the crypto securit…
Sept. 25, 2026, 4:29 a.m.
Markets
Bitget’s $352 Million Breach Resulted from Fake Transfers, Not Private Keys, Says CEO Gracy Chen
In a recent statement posted on the social platform X, Bitget’s chief executive officer, Gracy Chen, clarified the mechanics behind the massive security incident that saw the cryptocurrency exchange lose roughly $352 million. Contrary to early speculation that the breach might have involved the theft of private keys—a common vector in crypto‑related attacks—Chen emphasized that the perpetrators s…
Sept. 25, 2026, 4:29 a.m.
Markets
CEO Gracy Chen explains that Bitget’s $352 million breach resulted from falsified transfers rather than stolen private keys
In a recent statement posted on the social media platform X, Bitstore’s chief executive officer, Gracy Chen, provided a detailed account of the massive security incident that struck the cryptocurrency exchange earlier this year. The breach, which resulted in the loss of approximately $351.6 million, was not the product of a traditional private‑key theft, as many observers initially speculated. In…
Sept. 25, 2026, 4:29 a.m.
Markets
CEO Gracy Chen Clarifies Bitget's $352 Million Breach Was Due to Spoofed Transfers, Not Private Key Theft
In a detailed statement posted on the social media platform X, Bitget’s chief executive officer, Gracy Chen, provided a comprehensive explanation of the massive security incident that resulted in the loss of approximately $351.6 million from the cryptocurrency exchange’s custodial wallets. Contrary to early speculation that the breach might have involved the theft of private keys—an often‑cited v…
Sept. 25, 2026, 4:29 a.m.