Crypto Exchange Bitget Says Hacker Exploited Vulnerabilities From Third-Party Products To Pull Off Last Week’s $388,000,000 Exploit

The hacker who stole $388 million worth of crypto from Bitget last week “exploited vulnerabilities from third-party products,” according to the exchange’s chief executive. Bitget CEO Gracy Chen says the exploiter stole internal credentials and used them to send fraudulent withdrawal commands that bypassed the exchange’s risk controls. Chen notes that the hack didn’t compromise […] The post Crypto Exchange Bitget Says Hacker Exploited Vulnerabilities From Third-Party Products To Pull Off Last Week’s $388,000,000 Exploit appeared first on The Daily Hodl.