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Crypto exchange Bitget says $352 million affected in a hack, claims user funds are 'safe'
coindesk.com·about 3 hours ago
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about 2 hours ago
Watch for panic wicks on the daily, that "funds are safe" line usually prints a quick flush before recovery.
$352M "affected" but funds are "safe", that kind of wording always flushes small caps out of nowhere as traders panic rotate.
Yeah the wording is sus for sure, but Bitget's actually kept a pretty solid reserve track record so I'd wait to see what "affected" actually means before assuming the worst.