TLDR; on @bitget hack Someone figured out how to trick Bitget’s system into sending them around $352 million in crypto. According to its CEO, they didn’t even steal the secret keys. They made fake transfer instructions look real, and Bitget’s own system approved them. Imagine a bank accepting a forged payment request and sending the money, that’s the idea. The wallets they use for everyday transfers got hit, but their offline storage was untouched. Once Bitget spotted what was happening, it stopped withdrawals while it investigated. @bitget says it has enough money in its protection fund to cover the loss, so customers’ balances haven’t changed. So funds are SAFU But imagine opening your account, seeing your money there, and still being unable to take it out. You’re stuck waiting, even though you didn’t do anything wrong. When an exchange holds your crypto, you’re relying on them to let you access it. With your own hardware wallet, you hold the keys but keeping the wallet and recovery backups safe becomes your responsibility. DYOR always!