It appears that, in the last few minutes, there has been an incident involving a hot wallet on the Bitget exchange, and around 170 million dollars have been stolen. The latest reports suggest the figure may be even higher; this is certainly a significant blow for the exchange.
I can only imagine that this news can be true because, hot wallets being connected to online has it vulnerable risks for the platforms server to be hackable.
Even you as the user of the platform, your private keys are still stored online and controlled by the same authorities whose security server is weak enough to be hacked. Else. I expected this discussion to be backed with link to source of the information and then, we can strictly talk about the event the exchange itself .
Bitget I know is one of the most wide used exchange and had just shown itself of how vulnerable the hot wallets could be.
If hackers don't have you particularly on targets, they can pass the server to get necessary datas of you that can lead them access to your address or privacy just to steal tiu funds.
