Tracking the $388 Million Bitget Hack and Other Industry Developments

This week's industry report covers the $387.5 million Bitget hack, Anthropic's IPO preparations, a MetaMask staking infrastructure incident, and other developments. Bitget confirmed that client balances remain unaffected and has replenished its protection fund with over $300 million. While THORChain declined to block the attacker's addresses due to its decentralized architecture, NEAR Intents blocked approximately $50 million in transfer attempts before suffering its own $3.8 million hack. Meanwhile, Anthropic is preparing for an IPO with a potential valuation exceeding $2 trillion, despite reporting significant operating losses and future expenditure commitments. Additionally, MetaMask reported a staking infrastructure incident involving a minor theft of 0.36 ETH, noting that user wallets were not directly compromised.