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Bitget Says Security Breach Affected $388 Million in Assets

Bitget said a security breach affected about $388 million in assets, approximately $35 million more than previously reported. The revised estimate followed analysis of assets on the Zcash and TRON networks, according to Cointelegraph.

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Bitget Says Security Breach Affected $388 Million in Assets

Bitget has revised the estimated scale of a security breach announced on Thursday, saying approximately $388 million in assets were affected. The updated figure is around $35 million higher than the amount initially reported. According to Cointelegraph, the revised assessment is based on an analysis of assets held on the Zcash and TRON networks. The clarification adds to the information available on the incident but does not provide further details about the breach in the supplied report. Zcash and TRON are the networks linked to the additional asset analysis cited in the updated estimate.

Source Cointelegraph Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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