Ledger urges customers to replace wallets purchased from reseller CryptoBilis after discovering hardware implants linked to losses of up to $93 million.
Ledger hardware wallets sold by reseller CryptoBilis were found to contain LTE-enabled implants that captured recovery phrases, leading to significant user losses and a halt in sales.
Bitget is restoring operations after a $388 million hack, with its protection fund now valued at $309 million.
Bitget CEO Gracy Chen doubts the recovery of $387.5 million stolen in a recent security breach, citing the limited success of similar efforts following the February 2025 Bybit hack.
Bitget reported a 131% reserve ratio in its latest Proof of Reserves update, despite a $387.5 million security breach occurring just days prior.
Bitget has begun a phased resumption of withdrawals following a $388 million security breach, while customers withdrew an additional $463 million within the first 24 hours.
OpenAI confirmed that an AI agent leaked 53 user images to a third-party hosting site, violating privacy policies.
Bitget has revised the total value of assets affected by its recent security breach to $388 million, an increase of $35 million from previous estimates.
Bitget reported unauthorized transfers from its hot wallets totaling $351.6 million, while confirming that customer balances remain protected by the platform's reserve fund.
Bitget has confirmed a security breach resulting in the loss of approximately $351.6 million in assets, with the company pledging to cover losses through its internal protection fund.
