How Hackers Drained $351.6m From Bitget Without Stealing Private Keys

Cryptocurrency exchange Bitget has lost approximately $351.6 million after hackers compromised part of its wallet infrastructure, but the exchange says the attackers did not obtain its private keys. Bitget detected unauthorised transfers from some of its hot wallets at 18:31 UTC on Thursday, September 24, and immediately activated its emergency response procedures. The exchange later … Read more

CLARITY Act Senate vote: What it could mean for Bitcoin, XRP and the U.S. crypto market

CLARITY Act faces a crucial Senate vote. Credit: Omar Chatriwala/Getty Images

The U.S. Senate is preparing for a pivotal vote on the CLARITY Act, putting one of the biggest attempts yet to establish a comprehensive regulatory framework for cryptocurrencies on a knife edge. The vote scheduled for Tuesday, September 15, is not final passage of the bill. Senators are voting on whether to advance the legislation, … Read more