Bitget says first security crisis involved third-party software supply-chain attack

  • Bitget addressed its first security crisis since the platform was founded eight years ago.
  • Private keys were not leaked, and cold-wallet assets were unaffected.
  • Bitget jointly initiated an independent review with Mandiant and SlowMist.

Bitget’s first security crisis in its eight-year history was a targeted supply-chain attack (an attack through a third-party provider) involving security software. The attacker exploited a vulnerability in a third-party product to obtain internal network credentials, but Bitget said private keys were not leaked and cold-wallet assets were unaffected. Bitget Greater China head Xie Jiayin addressed community concerns during a livestream. The exchange has begun an independent review with security firms Mandiant and SlowMist and plans to comprehensively strengthen monitoring and management standards for third-party components.

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