MarketPublished by KAS Watch · September 30, 2026
Bitget CEO Reports $351.6M Loss via Compromised Wallet Backend and Spoofed Transfers
Bitget lost $351.6 million following an attack that compromised its wallet backend and spoofed transaction data rather than private keys, according to CEO Gray Chen.
Why it matters for the market
Major exchange security incidents can influence broader market liquidity and risk appetite across digital assets, which may indirectly impact trading conditions for Kaspa without indicating any direct exposure.
Original source
CoinDesk
Source publication · September 25, 2026 · 1 verified source
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