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      Bitget said its security team has identified the attack path and how the attacker bypassed existing...

      Bitget said its security team has identified the attack path and how the attacker bypassed existing security controls, and that the underlying vulnerability has now been fixed. The incident remains contained. Updated onchain tracing shows that approximately $387.5 million in assets were transferred to attacker-controlled addresses, up from the initial estimate of $351.6 million. Bitget said the increase reflects the inclusion of previously uncounted Zcash and TRON assets and does not represent additional theft.Bitget has also launched a recovery bounty program offering 5% of funds successfully frozen or recovered to eligible participants whose voluntary efforts directly contribute to those outcomes. The company plans to announce its withdrawal resumption plan by September 26 at 4:00 AM UTC.

      Source: Wu Blockchain
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud