#bitget
bitget
1.2M views
2,401 Discussing
Hot
Latest
·
--
Bitget just put THORChain in a difficult spot.
After the $387.5M Bitget hot-wallet breach, the attacker started moving stolen funds through THORChain.
Gracy Chen is now publicly asking THORChain to refuse service to the identified attacker wallets.
That creates a much bigger question.
If a wallet is publicly tagged as belonging to an attacker, is processing its swap still “neutral”?
Or is it facilitating the movement of stolen funds?
THORChain has faced this exact debate before after the $1.46B Bybit hack, when large amounts of stolen ETH were routed through the protocol.
The core problem is simple.
A permissionless protocol has no normal “freeze account” button.
But once the addresses are known, the question changes from:
“Can you identify the attacker?”
to:
“What do you do after you identify them?”
That is the real debate Bitget has now put on the table.
#Bitget #Gracychen
Bitget just put THORChain in a difficult spot.
After the $387.5M Bitget hot-wallet breach, the attacker started moving stolen funds through THORChain.
Gracy Chen is now publicly asking THORChain to refuse service to the identified attacker wallets.
That creates a much bigger question.
If a wallet is publicly tagged as belonging to an attacker, is processing its swap still “neutral”?
Or is it facilitating the movement of stolen funds?
THORChain has faced this exact debate before after the $1.46B Bybit hack, when large amounts of stolen ETH were routed through the protocol.
The core problem is simple.
A permissionless protocol has no normal “freeze account” button.
But once the addresses are known, the question changes from:
“Can you identify the attacker?”
to:
“What do you do after you identify them?”
That is the real debate Bitget has now put on the table.
#Bitget #Gracychen
After the $387.5M Bitget hot-wallet breach, the attacker started moving stolen funds through THORChain.
Gracy Chen is now publicly asking THORChain to refuse service to the identified attacker wallets.
That creates a much bigger question.
If a wallet is publicly tagged as belonging to an attacker, is processing its swap still “neutral”?
Or is it facilitating the movement of stolen funds?
THORChain has faced this exact debate before after the $1.46B Bybit hack, when large amounts of stolen ETH were routed through the protocol.
The core problem is simple.
A permissionless protocol has no normal “freeze account” button.
But once the addresses are known, the question changes from:
“Can you identify the attacker?”
to:
“What do you do after you identify them?”
That is the real debate Bitget has now put on the table.
#Bitget #Gracychen
Feed-Creator-fe3422b5cbb49e23823d:
Yo uso Bitget por los puentes me parece muy preocupante tu articulo
2
6
35
23.1k
·
--
Bearish
🚨 $350M+ GONE! The Massive Bitget Hack Dissected 🩸
The crypto world is shaking after exchange $Bitget was hit by a massive exploit, losing roughly $351.6M to $387.5M from its hot wallets! CEO Gracy Chen confirmed the breach, suspecting North Korean hackers behind the attack.
Here is what you need to know right now:
• How it happened: No private keys were stolen. The attackers bypassed a critical backend system to spoof transfers.
• The Fallout: Withdrawals are temporarily frozen, causing panic among users. However, Bitget claims its $464M Protection Fund fully covers the damage.
• Market Impact: Stolen $BNB and $XRP are already being swapped for Ethereum and Bitcoin on-chain. Watch for sudden dump pressure.
🎯 My Take: This is a massive wake-up call for security. If you have funds on centralized platforms, always track on-chain movements.
Are your funds safe on Bitget or did you manage to withdraw in time? Let's talk below! 👇
#Bitget #Hack #CryptoSecurity #bnb #ETH
🚨 $350M+ GONE! The Massive Bitget Hack Dissected 🩸
The crypto world is shaking after exchange $Bitget was hit by a massive exploit, losing roughly $351.6M to $387.5M from its hot wallets! CEO Gracy Chen confirmed the breach, suspecting North Korean hackers behind the attack.
Here is what you need to know right now:
• How it happened: No private keys were stolen. The attackers bypassed a critical backend system to spoof transfers.
• The Fallout: Withdrawals are temporarily frozen, causing panic among users. However, Bitget claims its $464M Protection Fund fully covers the damage.
• Market Impact: Stolen $BNB and $XRP are already being swapped for Ethereum and Bitcoin on-chain. Watch for sudden dump pressure.
🎯 My Take: This is a massive wake-up call for security. If you have funds on centralized platforms, always track on-chain movements.
Are your funds safe on Bitget or did you manage to withdraw in time? Let's talk below! 👇
#Bitget #Hack #CryptoSecurity #bnb #ETH
The crypto world is shaking after exchange $Bitget was hit by a massive exploit, losing roughly $351.6M to $387.5M from its hot wallets! CEO Gracy Chen confirmed the breach, suspecting North Korean hackers behind the attack.
Here is what you need to know right now:
• How it happened: No private keys were stolen. The attackers bypassed a critical backend system to spoof transfers.
• The Fallout: Withdrawals are temporarily frozen, causing panic among users. However, Bitget claims its $464M Protection Fund fully covers the damage.
• Market Impact: Stolen $BNB and $XRP are already being swapped for Ethereum and Bitcoin on-chain. Watch for sudden dump pressure.
🎯 My Take: This is a massive wake-up call for security. If you have funds on centralized platforms, always track on-chain movements.
Are your funds safe on Bitget or did you manage to withdraw in time? Let's talk below! 👇
#Bitget #Hack #CryptoSecurity #bnb #ETH
1
438
The Bitget hack is a good reminder that crypto security isn’t just about protecting private keys.
Around $350M was drained from Bitget’s hot and warm wallets, but according to the exchange, the attackers didn’t actually obtain the private keys.
The more interesting part is how they reportedly compromised a backend wallet system, spoofed transaction data, and got fraudulent transfers through the authorization process.
Bitget CEO Gracy Chen also said preliminary IP/VPN and on-chain patterns look similar to previous North Korea-linked attacks.
That attribution is still being investigated, so I wouldn’t treat it as confirmed yet.
But the bigger takeaway is clear:
In crypto, the attack surface isn’t always the wallet itself. Sometimes, it’s the system that tells the wallet what to approve.
#Crypto #Bitget #NorthKorea $BTC $ETH $SOL
{spot}(SOLUSDT)
{spot}(NVDABUSDT)
The Bitget hack is a good reminder that crypto security isn’t just about protecting private keys.
Around $350M was drained from Bitget’s hot and warm wallets, but according to the exchange, the attackers didn’t actually obtain the private keys.
The more interesting part is how they reportedly compromised a backend wallet system, spoofed transaction data, and got fraudulent transfers through the authorization process.
Bitget CEO Gracy Chen also said preliminary IP/VPN and on-chain patterns look similar to previous North Korea-linked attacks.
That attribution is still being investigated, so I wouldn’t treat it as confirmed yet.
But the bigger takeaway is clear:
In crypto, the attack surface isn’t always the wallet itself. Sometimes, it’s the system that tells the wallet what to approve.
#Crypto #Bitget #NorthKorea $BTC $ETH $SOL
Around $350M was drained from Bitget’s hot and warm wallets, but according to the exchange, the attackers didn’t actually obtain the private keys.
The more interesting part is how they reportedly compromised a backend wallet system, spoofed transaction data, and got fraudulent transfers through the authorization process.
Bitget CEO Gracy Chen also said preliminary IP/VPN and on-chain patterns look similar to previous North Korea-linked attacks.
That attribution is still being investigated, so I wouldn’t treat it as confirmed yet.
But the bigger takeaway is clear:
In crypto, the attack surface isn’t always the wallet itself. Sometimes, it’s the system that tells the wallet what to approve.
#Crypto #Bitget #NorthKorea $BTC $ETH $SOL
142
·
--
$XRP
🚨 Major crypto security story: Bitget reported a $351.6M security breach involving its hot and warm wallets.
Bitget said attackers compromised a wallet backend and spoofed transaction data.
How this can affect the market:
The direct impact is mainly on Bitget and the assets involved, but large exchange hacks can create broader risk-off sentiment across crypto.
XRP is particularly relevant here because reports indicate it represented the largest portion of the assets taken.
This doesn't automatically mean the entire market will fall, but traders may become more cautious around exchange-related risk.
Security is becoming just as important as price action.
♥️like you leaned something !!!
Follow for more such predictions 👀
#XRP #Bitget #crypto
{spot}(XRPUSDT)
$XRP
🚨 Major crypto security story: Bitget reported a $351.6M security breach involving its hot and warm wallets.
Bitget said attackers compromised a wallet backend and spoofed transaction data.
How this can affect the market:
The direct impact is mainly on Bitget and the assets involved, but large exchange hacks can create broader risk-off sentiment across crypto.
XRP is particularly relevant here because reports indicate it represented the largest portion of the assets taken.
This doesn't automatically mean the entire market will fall, but traders may become more cautious around exchange-related risk.
Security is becoming just as important as price action.
♥️like you leaned something !!!
Follow for more such predictions 👀
#XRP #Bitget #crypto
🚨 Major crypto security story: Bitget reported a $351.6M security breach involving its hot and warm wallets.
Bitget said attackers compromised a wallet backend and spoofed transaction data.
How this can affect the market:
The direct impact is mainly on Bitget and the assets involved, but large exchange hacks can create broader risk-off sentiment across crypto.
XRP is particularly relevant here because reports indicate it represented the largest portion of the assets taken.
This doesn't automatically mean the entire market will fall, but traders may become more cautious around exchange-related risk.
Security is becoming just as important as price action.
♥️like you leaned something !!!
Follow for more such predictions 👀
#XRP #Bitget #crypto
23
Article
Bitget Lost $387M Without Losing a Private Key🚨 Bitget lost around $387M without its cold wallets being compromised. 👀
The reported exploit began on September 24, with losses later estimated around $387.5M as investigators tracked additional assets and chains.
The unusual part?
🔐 Cold wallets were reportedly untouched
🧩 Attackers manipulated backend transaction data
✍️ The resulting transfers were authorized as if they were routine
🛡️ Bitget says its Protection Fund will cover the loss
Circle and Tether also froze around $318K in stablecoins linked to the attacker.
This is a different kind of security lesson:
You don't always need the private key if the system around the key can be manipulated.
Bitget has said withdrawals are expected to resume from September 28.
👀 Is backend security becoming just as important as private key security?
$POPCAT $BLESS $SPORTFUN
#Bitget
{alpha}(CT_5017GCihgDB8fe6KNjn2MYtkzZcRjQy3t9GHdC8uHYmW2hr)
{spot}(ZECUSDT)
#CryptoSecurity #CryptoHack #CryptoNews
Bitget Lost $387M Without Losing a Private Key
🚨 Bitget lost around $387M without its cold wallets being compromised. 👀
The reported exploit began on September 24, with losses later estimated around $387.5M as investigators tracked additional assets and chains.
The unusual part?
🔐 Cold wallets were reportedly untouched
🧩 Attackers manipulated backend transaction data
✍️ The resulting transfers were authorized as if they were routine
🛡️ Bitget says its Protection Fund will cover the loss
Circle and Tether also froze around $318K in stablecoins linked to the attacker.
This is a different kind of security lesson:
You don't always need the private key if the system around the key can be manipulated.
Bitget has said withdrawals are expected to resume from September 28.
👀 Is backend security becoming just as important as private key security?
$POPCAT $BLESS $SPORTFUN
#Bitget
#CryptoSecurity #CryptoHack #CryptoNews
The reported exploit began on September 24, with losses later estimated around $387.5M as investigators tracked additional assets and chains.
The unusual part?
🔐 Cold wallets were reportedly untouched
🧩 Attackers manipulated backend transaction data
✍️ The resulting transfers were authorized as if they were routine
🛡️ Bitget says its Protection Fund will cover the loss
Circle and Tether also froze around $318K in stablecoins linked to the attacker.
This is a different kind of security lesson:
You don't always need the private key if the system around the key can be manipulated.
Bitget has said withdrawals are expected to resume from September 28.
👀 Is backend security becoming just as important as private key security?
$POPCAT $BLESS $SPORTFUN
#Bitget
#CryptoSecurity #CryptoHack #CryptoNews
161
Article
🚨 Breaking on-chain🚨 Breaking on-chain: Bitget’s $387M Exploit & The Plot Twist Involving Binance
The crypto streets are buzzing following the massive $387.5M security breach on Bitget, and fresh on-chain data is adding fuel to the fire. Here is a quick breakdown of what is happening, what it means, and why Binance is back in the spotlight.
🔍 The Core Story: What Happened to Bitget?
The Scale: An estimated $387.5 million was drained from Bitget’s hot and warm wallets. Cold storage remains entirely secure.
The Exploit Method: According to CEO Gracy Chen, hackers didn't steal private keys; instead, they compromised a backend system within the wallet infrastructure, spoofing transaction data to trick internal authorization systems into auto-approving the withdrawals.
The Protection Fund: Bitget has assured users that their $464M+ User Protection Fund fully covers the losses, and phased withdrawals are scheduled to reopen starting September 28.
🔄 The Plot Twist: Hacker "Refuels" via Binance
On-chain sleuths (including Lookonchain) flagged a wild development: the hacker has been actively routing funds through Binance.
The attacker withdrew roughly $1.23 million (converted into roughly 457.9 ETH) from Binance hot wallets and funneled it straight back to the hacker-controlled address.
Why does this matter? Binance withdrawals typically require KYC-verified accounts, meaning investigators now have a crucial thread to pull. Both Bitget and Binance teams are working together to track down and freeze the movement of funds.
#Bitget #BinanceSquare #CryptoNews #security #Web3Safety
🚨 Breaking on-chain
🚨 Breaking on-chain: Bitget’s $387M Exploit & The Plot Twist Involving Binance
The crypto streets are buzzing following the massive $387.5M security breach on Bitget, and fresh on-chain data is adding fuel to the fire. Here is a quick breakdown of what is happening, what it means, and why Binance is back in the spotlight.
🔍 The Core Story: What Happened to Bitget?
The Scale: An estimated $387.5 million was drained from Bitget’s hot and warm wallets. Cold storage remains entirely secure.
The Exploit Method: According to CEO Gracy Chen, hackers didn't steal private keys; instead, they compromised a backend system within the wallet infrastructure, spoofing transaction data to trick internal authorization systems into auto-approving the withdrawals.
The Protection Fund: Bitget has assured users that their $464M+ User Protection Fund fully covers the losses, and phased withdrawals are scheduled to reopen starting September 28.
🔄 The Plot Twist: Hacker "Refuels" via Binance
On-chain sleuths (including Lookonchain) flagged a wild development: the hacker has been actively routing funds through Binance.
The attacker withdrew roughly $1.23 million (converted into roughly 457.9 ETH) from Binance hot wallets and funneled it straight back to the hacker-controlled address.
Why does this matter? Binance withdrawals typically require KYC-verified accounts, meaning investigators now have a crucial thread to pull. Both Bitget and Binance teams are working together to track down and freeze the movement of funds.
#Bitget #BinanceSquare #CryptoNews #security #Web3Safety
The crypto streets are buzzing following the massive $387.5M security breach on Bitget, and fresh on-chain data is adding fuel to the fire. Here is a quick breakdown of what is happening, what it means, and why Binance is back in the spotlight.
🔍 The Core Story: What Happened to Bitget?
The Scale: An estimated $387.5 million was drained from Bitget’s hot and warm wallets. Cold storage remains entirely secure.
The Exploit Method: According to CEO Gracy Chen, hackers didn't steal private keys; instead, they compromised a backend system within the wallet infrastructure, spoofing transaction data to trick internal authorization systems into auto-approving the withdrawals.
The Protection Fund: Bitget has assured users that their $464M+ User Protection Fund fully covers the losses, and phased withdrawals are scheduled to reopen starting September 28.
🔄 The Plot Twist: Hacker "Refuels" via Binance
On-chain sleuths (including Lookonchain) flagged a wild development: the hacker has been actively routing funds through Binance.
The attacker withdrew roughly $1.23 million (converted into roughly 457.9 ETH) from Binance hot wallets and funneled it straight back to the hacker-controlled address.
Why does this matter? Binance withdrawals typically require KYC-verified accounts, meaning investigators now have a crucial thread to pull. Both Bitget and Binance teams are working together to track down and freeze the movement of funds.
#Bitget #BinanceSquare #CryptoNews #security #Web3Safety
1
1
87
·
--
🚨 BITGET HACK UPDATE 🚨
Bitget has confirmed a major security incident involving unauthorized transfers from several hot wallets.
💰 The estimated loss is around $387.5 million.
🔐 Bitget says user funds remain protected, and the affected losses will be covered through its Protection Fund.
⚠️ Withdrawals were temporarily restricted while Bitget secured its systems and investigated the incident.
📌 Stay alert and follow only Bitget’s official announcements for further updates.
🔎 This is a developing situation. More official information may follow. #Bitget
🚨 BITGET HACK UPDATE 🚨
Bitget has confirmed a major security incident involving unauthorized transfers from several hot wallets.
💰 The estimated loss is around $387.5 million.
🔐 Bitget says user funds remain protected, and the affected losses will be covered through its Protection Fund.
⚠️ Withdrawals were temporarily restricted while Bitget secured its systems and investigated the incident.
📌 Stay alert and follow only Bitget’s official announcements for further updates.
🔎 This is a developing situation. More official information may follow. #Bitget
Bitget has confirmed a major security incident involving unauthorized transfers from several hot wallets.
💰 The estimated loss is around $387.5 million.
🔐 Bitget says user funds remain protected, and the affected losses will be covered through its Protection Fund.
⚠️ Withdrawals were temporarily restricted while Bitget secured its systems and investigated the incident.
📌 Stay alert and follow only Bitget’s official announcements for further updates.
🔎 This is a developing situation. More official information may follow. #Bitget
64
·
--
Article
Title: Bitget Security Incident Update: Losses, Protection Fund & Recovery Bounty 🚨
The recent secThe recent security breach on Bitget has drawn major attention across the crypto market. Here is the latest breakdown of the situation, user fund safety, and ongoing recovery efforts:
📌 Key Facts & Loss Estimates:
Total Impact: Bitget updated its estimated loss to approximately $387.5 million following further on-chain tracking (including Zcash and TRON assets).
The Breach Vector: The attack targeted a critical backend wallet infrastructure rather than a private key compromise. Hot and warm wallets were affected, while cold storage remained secure.
🛡️ How Are User Funds Protected?
User Protection Fund: Bitget has repeatedly assured users that full losses are completely covered by its User Protection Fund (holding over $464M+), meaning user balances and account assets remain safe.
Recovery & Bounty Program: Bitget launched a 5% Recovery Bounty Program, working closely with blockchain security heavyweights (like SlowMist and Mandiant), law enforcement, and major exchanges to freeze and claw back stolen funds.
🔄 Status Update:
While trading and deposits have remained operational, withdrawal safety reviews have been a primary focus as the platform moves to phase-restore services.
#Bitget #ETH #cryptouniverseofficial $ETH
{future}(ETHUSDT)
Title: Bitget Security Incident Update: Losses, Protection Fund & Recovery Bounty 🚨 The recent sec
The recent security breach on Bitget has drawn major attention across the crypto market. Here is the latest breakdown of the situation, user fund safety, and ongoing recovery efforts:
📌 Key Facts & Loss Estimates:
Total Impact: Bitget updated its estimated loss to approximately $387.5 million following further on-chain tracking (including Zcash and TRON assets).
The Breach Vector: The attack targeted a critical backend wallet infrastructure rather than a private key compromise. Hot and warm wallets were affected, while cold storage remained secure.
🛡️ How Are User Funds Protected?
User Protection Fund: Bitget has repeatedly assured users that full losses are completely covered by its User Protection Fund (holding over $464M+), meaning user balances and account assets remain safe.
Recovery & Bounty Program: Bitget launched a 5% Recovery Bounty Program, working closely with blockchain security heavyweights (like SlowMist and Mandiant), law enforcement, and major exchanges to freeze and claw back stolen funds.
🔄 Status Update:
While trading and deposits have remained operational, withdrawal safety reviews have been a primary focus as the platform moves to phase-restore services.
#Bitget #ETH #cryptouniverseofficial $ETH
📌 Key Facts & Loss Estimates:
Total Impact: Bitget updated its estimated loss to approximately $387.5 million following further on-chain tracking (including Zcash and TRON assets).
The Breach Vector: The attack targeted a critical backend wallet infrastructure rather than a private key compromise. Hot and warm wallets were affected, while cold storage remained secure.
🛡️ How Are User Funds Protected?
User Protection Fund: Bitget has repeatedly assured users that full losses are completely covered by its User Protection Fund (holding over $464M+), meaning user balances and account assets remain safe.
Recovery & Bounty Program: Bitget launched a 5% Recovery Bounty Program, working closely with blockchain security heavyweights (like SlowMist and Mandiant), law enforcement, and major exchanges to freeze and claw back stolen funds.
🔄 Status Update:
While trading and deposits have remained operational, withdrawal safety reviews have been a primary focus as the platform moves to phase-restore services.
#Bitget #ETH #cryptouniverseofficial $ETH
79
·
--
Bullish
🚨 BREAKING: $BGB | Bitget Security Incident
Bitget CEO Gracy Chen said the exchange detected unauthorized transfers from some hot wallets, with approximately $351.6M exposed during Thursday’s security incident.
🔐 Bitget says its cold wallets and user funds remain secure. The exchange has temporarily paused withdrawals while completing a security review, while deposits and trading remain online.
🧩 Blockchain researchers previously flagged unusual wallet movements involving assets such as $ETH , $BNB , $AVAX
{spot}(AVAXUSDT)
and USDT0. Earlier estimates had put the suspected transfers around $178M–$183M before Bitget disclosed the larger potential exposure.
📉 bgb initially came under selling pressure following the reports, while BTC and ETH also traded slightly lower.
Bitget says it plans to release a detailed incident report within 24 hours. The final loss amount and scope of the incident remain subject to confirmation.
⚠️ Crypto exchange security remains a major market risk. Verify official updates before making decisions.
#Bitget #BGB #Crypto #Security
🚨 BREAKING: $BGB | Bitget Security Incident
Bitget CEO Gracy Chen said the exchange detected unauthorized transfers from some hot wallets, with approximately $351.6M exposed during Thursday’s security incident.
🔐 Bitget says its cold wallets and user funds remain secure. The exchange has temporarily paused withdrawals while completing a security review, while deposits and trading remain online.
🧩 Blockchain researchers previously flagged unusual wallet movements involving assets such as $ETH , $BNB , $AVAX
and USDT0. Earlier estimates had put the suspected transfers around $178M–$183M before Bitget disclosed the larger potential exposure.
📉 bgb initially came under selling pressure following the reports, while BTC and ETH also traded slightly lower.
Bitget says it plans to release a detailed incident report within 24 hours. The final loss amount and scope of the incident remain subject to confirmation.
⚠️ Crypto exchange security remains a major market risk. Verify official updates before making decisions.
#Bitget #BGB #Crypto #Security
Bitget CEO Gracy Chen said the exchange detected unauthorized transfers from some hot wallets, with approximately $351.6M exposed during Thursday’s security incident.
🔐 Bitget says its cold wallets and user funds remain secure. The exchange has temporarily paused withdrawals while completing a security review, while deposits and trading remain online.
🧩 Blockchain researchers previously flagged unusual wallet movements involving assets such as $ETH , $BNB , $AVAX
and USDT0. Earlier estimates had put the suspected transfers around $178M–$183M before Bitget disclosed the larger potential exposure.
📉 bgb initially came under selling pressure following the reports, while BTC and ETH also traded slightly lower.
Bitget says it plans to release a detailed incident report within 24 hours. The final loss amount and scope of the incident remain subject to confirmation.
⚠️ Crypto exchange security remains a major market risk. Verify official updates before making decisions.
#Bitget #BGB #Crypto #Security
3
·
--
🚨 BITGET SECURITY INCIDENT — LATEST UPDATE
Bitget has released new details following the major security incident detected on September 24.
🔴 What happened?
Unauthorized transfers affected approximately $387.5M across multiple networks, including Ethereum/EVM chains, XRP Ledger, Zcash and TRON.
The figure was revised upward after further on-chain tracing and does not represent a second attack.
🔐 Current status
Bitget says the incident is contained, the vulnerability has been remediated and no further unauthorized transfers are possible. Cold wallets were not affected.
The exchange says user assets remain protected while investigation and recovery efforts continue.
🟢 Withdrawals are returning
Bitget announced a phased restoration:
• BTC — Sep 28, 08:00 UTC
• ETH — Sep 29
• USDT — Sep 30
• Other assets, fiat & P2P — by Oct 2
Withdrawals will therefore reopen gradually rather than all at once while additional security checks are completed.
🔎 Asset tracing and recovery efforts remain ongoing.
⚠️ Users should follow official Bitget channels and avoid fake recovery or support links.
The next key milestone: September 28, when BTC withdrawals are scheduled to resume.
Follow for the latest crypto updates.
#Bitget #CryptoNews #CryptoSecurity #bitcoin #USDT
🚨 BITGET SECURITY INCIDENT — LATEST UPDATE
Bitget has released new details following the major security incident detected on September 24.
🔴 What happened?
Unauthorized transfers affected approximately $387.5M across multiple networks, including Ethereum/EVM chains, XRP Ledger, Zcash and TRON.
The figure was revised upward after further on-chain tracing and does not represent a second attack.
🔐 Current status
Bitget says the incident is contained, the vulnerability has been remediated and no further unauthorized transfers are possible. Cold wallets were not affected.
The exchange says user assets remain protected while investigation and recovery efforts continue.
🟢 Withdrawals are returning
Bitget announced a phased restoration:
• BTC — Sep 28, 08:00 UTC
• ETH — Sep 29
• USDT — Sep 30
• Other assets, fiat & P2P — by Oct 2
Withdrawals will therefore reopen gradually rather than all at once while additional security checks are completed.
🔎 Asset tracing and recovery efforts remain ongoing.
⚠️ Users should follow official Bitget channels and avoid fake recovery or support links.
The next key milestone: September 28, when BTC withdrawals are scheduled to resume.
Follow for the latest crypto updates.
#Bitget #CryptoNews #CryptoSecurity #bitcoin #USDT
Bitget has released new details following the major security incident detected on September 24.
🔴 What happened?
Unauthorized transfers affected approximately $387.5M across multiple networks, including Ethereum/EVM chains, XRP Ledger, Zcash and TRON.
The figure was revised upward after further on-chain tracing and does not represent a second attack.
🔐 Current status
Bitget says the incident is contained, the vulnerability has been remediated and no further unauthorized transfers are possible. Cold wallets were not affected.
The exchange says user assets remain protected while investigation and recovery efforts continue.
🟢 Withdrawals are returning
Bitget announced a phased restoration:
• BTC — Sep 28, 08:00 UTC
• ETH — Sep 29
• USDT — Sep 30
• Other assets, fiat & P2P — by Oct 2
Withdrawals will therefore reopen gradually rather than all at once while additional security checks are completed.
🔎 Asset tracing and recovery efforts remain ongoing.
⚠️ Users should follow official Bitget channels and avoid fake recovery or support links.
The next key milestone: September 28, when BTC withdrawals are scheduled to resume.
Follow for the latest crypto updates.
#Bitget #CryptoNews #CryptoSecurity #bitcoin #USDT
1.1k
·
--
🚨🚨 BITGET UPDATE
Withdrawal restoration is scheduled after the Sept. 24 security incident:
📅 Sep 28 — BTC
📅 Sep 29 — ETH
📅 Sep 30 — USDT
📅 Oct 2 — Other tokens + Fiat + P2P
Bitget says the vulnerability has been fixed and the incident is contained.
Don’t FUD. Don’t FOMO.
Follow official updates & stay alert for scams. 🔐
Stay calm. DYOR.
#Bitget #crypto #BTC #CryptoNews #DailyNews
🚨🚨 BITGET UPDATE
Withdrawal restoration is scheduled after the Sept. 24 security incident:
📅 Sep 28 — BTC
📅 Sep 29 — ETH
📅 Sep 30 — USDT
📅 Oct 2 — Other tokens + Fiat + P2P
Bitget says the vulnerability has been fixed and the incident is contained.
Don’t FUD. Don’t FOMO.
Follow official updates & stay alert for scams. 🔐
Stay calm. DYOR.
#Bitget #crypto #BTC #CryptoNews #DailyNews
Withdrawal restoration is scheduled after the Sept. 24 security incident:
📅 Sep 28 — BTC
📅 Sep 29 — ETH
📅 Sep 30 — USDT
📅 Oct 2 — Other tokens + Fiat + P2P
Bitget says the vulnerability has been fixed and the incident is contained.
Don’t FUD. Don’t FOMO.
Follow official updates & stay alert for scams. 🔐
Stay calm. DYOR.
#Bitget #crypto #BTC #CryptoNews #DailyNews
1
39
·
--
🚨 The $387M Bitget Hack: Will Hackers Dump Their Bags? 📉💀The market just took a massive hit to its security sentiment. Attackers managed to exploit a backend data system at Bitget, walking away with a staggering $387.5 million from hot and warm wallets.
The exchange confirmed that user funds are safe and fully covered by their $464M Protection Fund, but traders are worried about one thing: Market dump pressure.
On-chain data shows the hackers are aggressively swapping stolen tokens. Here is what you need to watch:
The XRP Supply Shock: The hackers took a massive 103 million XRP ($157 million), making it the largest portion of stolen funds.
The Ethereum Layer: Over 31,000 ETH ($85 million) was drained and is actively being funneled or swapped through decentralized platforms.
What This Means For You:
Don’t panic-sell, but expect choppy waters. The hackers aren't going to dump $387M all at once because decentralized liquidity pools can't handle it without slipping. Instead, they will likely mix the funds and sell them in smaller, intermittent batches.
This means ETH, XRP, and related altcoins might face annoying, sudden sell-pressure walls over the next few weeks. Keep an eye on on-chain tracking alerts!
Are you holding your XRP and ETH through this noise, or are you de-risking until the hacker wallets go quiet? I’m still with mine ✅
#bitget
🚨 The $387M Bitget Hack: Will Hackers Dump Their Bags? 📉💀The market just took a massive hit to its security sentiment. Attackers managed to exploit a backend data system at Bitget, walking away with a staggering $387.5 million from hot and warm wallets.
The exchange confirmed that user funds are safe and fully covered by their $464M Protection Fund, but traders are worried about one thing: Market dump pressure.
On-chain data shows the hackers are aggressively swapping stolen tokens. Here is what you need to watch:
The XRP Supply Shock: The hackers took a massive 103 million XRP ($157 million), making it the largest portion of stolen funds.
The Ethereum Layer: Over 31,000 ETH ($85 million) was drained and is actively being funneled or swapped through decentralized platforms.
What This Means For You:
Don’t panic-sell, but expect choppy waters. The hackers aren't going to dump $387M all at once because decentralized liquidity pools can't handle it without slipping. Instead, they will likely mix the funds and sell them in smaller, intermittent batches.
This means ETH, XRP, and related altcoins might face annoying, sudden sell-pressure walls over the next few weeks. Keep an eye on on-chain tracking alerts!
Are you holding your XRP and ETH through this noise, or are you de-risking until the hacker wallets go quiet? I’m still with mine ✅
#bitget
The exchange confirmed that user funds are safe and fully covered by their $464M Protection Fund, but traders are worried about one thing: Market dump pressure.
On-chain data shows the hackers are aggressively swapping stolen tokens. Here is what you need to watch:
The XRP Supply Shock: The hackers took a massive 103 million XRP ($157 million), making it the largest portion of stolen funds.
The Ethereum Layer: Over 31,000 ETH ($85 million) was drained and is actively being funneled or swapped through decentralized platforms.
What This Means For You:
Don’t panic-sell, but expect choppy waters. The hackers aren't going to dump $387M all at once because decentralized liquidity pools can't handle it without slipping. Instead, they will likely mix the funds and sell them in smaller, intermittent batches.
This means ETH, XRP, and related altcoins might face annoying, sudden sell-pressure walls over the next few weeks. Keep an eye on on-chain tracking alerts!
Are you holding your XRP and ETH through this noise, or are you de-risking until the hacker wallets go quiet? I’m still with mine ✅
#bitget
YES
NO
6 day(s) left
1
542
·
--
#circletetherfreezebitgethackerwallet
🔒 On-Chain Defense: Stablecoin Issuers Freeze Stolen Funds Following Recent Bitget Exploit 🚨
🚨 What Happened?
Following a massive security exploit on global crypto exchange Bitget totaling an estimated $351M to $387M in stolen assets, top stablecoin issuers Circle and Tether acted rapidly to blacklist linked hacker addresses.
The primary targeted wallet, labeled on Etherscan as Bitget Exploiter 8, was blacklisted to immobilize roughly $318,000 in USDC and USDT.
🔑 Key Takeaways & Incident Details
Collaborative Industry Response: Circle and Tether executed a swift joint freeze. Circle blacklisted the hacker address on Ethereum, and Tether banned the wallet shortly after to lock down dollar-pegged assets.
Attack Method Identified: Bitget CEO Gracy Chen confirmed that attackers compromised a backend infrastructure system and spoofed transaction data. It was not a private key leak or a breach of the exchange's cold storage.
User Protection Fund Covers Loss: Bitget assured users that its $464M+ User Protection Fund completely covers all stolen assets. Temporary withdrawal pauses were initiated strictly as a security precaution.
The Limits of Centralized Freezes: While stablecoin issuers can freeze USDT and USDC on EVM chains, hackers quickly swapped the bulk of stolen funds into Non-Freezable assets (like Ether), highlighting both the power and boundaries of centralized Web3 security interventions.
💡 Why It Matters for Traders
Centralization vs. Censorship Resistance: The rapid freezing of stablecoins demonstrates how major issuers safeguard the ecosystem, though it serves as a reminder that pegged stablecoins can be controlled at the smart contract level.
Laundering Bottlenecks: Blacklisting malicious wallets limits cross-chain bridge routes, forcing hackers into traced, illiquid paths monitored by security analysts.
How do you feel about stablecoin issuers having the power to freeze funds? Drop your thoughts below! 👇
#CircleMints500MUSDCOnSolana #Bitget #CryptoSecurity
#circletetherfreezebitgethackerwallet
🔒 On-Chain Defense: Stablecoin Issuers Freeze Stolen Funds Following Recent Bitget Exploit 🚨
🚨 What Happened?
Following a massive security exploit on global crypto exchange Bitget totaling an estimated $351M to $387M in stolen assets, top stablecoin issuers Circle and Tether acted rapidly to blacklist linked hacker addresses.
The primary targeted wallet, labeled on Etherscan as Bitget Exploiter 8, was blacklisted to immobilize roughly $318,000 in USDC and USDT.
🔑 Key Takeaways & Incident Details
Collaborative Industry Response: Circle and Tether executed a swift joint freeze. Circle blacklisted the hacker address on Ethereum, and Tether banned the wallet shortly after to lock down dollar-pegged assets.
Attack Method Identified: Bitget CEO Gracy Chen confirmed that attackers compromised a backend infrastructure system and spoofed transaction data. It was not a private key leak or a breach of the exchange's cold storage.
User Protection Fund Covers Loss: Bitget assured users that its $464M+ User Protection Fund completely covers all stolen assets. Temporary withdrawal pauses were initiated strictly as a security precaution.
The Limits of Centralized Freezes: While stablecoin issuers can freeze USDT and USDC on EVM chains, hackers quickly swapped the bulk of stolen funds into Non-Freezable assets (like Ether), highlighting both the power and boundaries of centralized Web3 security interventions.
💡 Why It Matters for Traders
Centralization vs. Censorship Resistance: The rapid freezing of stablecoins demonstrates how major issuers safeguard the ecosystem, though it serves as a reminder that pegged stablecoins can be controlled at the smart contract level.
Laundering Bottlenecks: Blacklisting malicious wallets limits cross-chain bridge routes, forcing hackers into traced, illiquid paths monitored by security analysts.
How do you feel about stablecoin issuers having the power to freeze funds? Drop your thoughts below! 👇
#CircleMints500MUSDCOnSolana #Bitget #CryptoSecurity
🔒 On-Chain Defense: Stablecoin Issuers Freeze Stolen Funds Following Recent Bitget Exploit 🚨
🚨 What Happened?
Following a massive security exploit on global crypto exchange Bitget totaling an estimated $351M to $387M in stolen assets, top stablecoin issuers Circle and Tether acted rapidly to blacklist linked hacker addresses.
The primary targeted wallet, labeled on Etherscan as Bitget Exploiter 8, was blacklisted to immobilize roughly $318,000 in USDC and USDT.
🔑 Key Takeaways & Incident Details
Collaborative Industry Response: Circle and Tether executed a swift joint freeze. Circle blacklisted the hacker address on Ethereum, and Tether banned the wallet shortly after to lock down dollar-pegged assets.
Attack Method Identified: Bitget CEO Gracy Chen confirmed that attackers compromised a backend infrastructure system and spoofed transaction data. It was not a private key leak or a breach of the exchange's cold storage.
User Protection Fund Covers Loss: Bitget assured users that its $464M+ User Protection Fund completely covers all stolen assets. Temporary withdrawal pauses were initiated strictly as a security precaution.
The Limits of Centralized Freezes: While stablecoin issuers can freeze USDT and USDC on EVM chains, hackers quickly swapped the bulk of stolen funds into Non-Freezable assets (like Ether), highlighting both the power and boundaries of centralized Web3 security interventions.
💡 Why It Matters for Traders
Centralization vs. Censorship Resistance: The rapid freezing of stablecoins demonstrates how major issuers safeguard the ecosystem, though it serves as a reminder that pegged stablecoins can be controlled at the smart contract level.
Laundering Bottlenecks: Blacklisting malicious wallets limits cross-chain bridge routes, forcing hackers into traced, illiquid paths monitored by security analysts.
How do you feel about stablecoin issuers having the power to freeze funds? Drop your thoughts below! 👇
#CircleMints500MUSDCOnSolana #Bitget #CryptoSecurity
Sade Uziel whLu:
هاي اريد كسب المال
1
7
7.9k
·
--
📰 Bitget publishes a phased withdrawal restart plan after its security incident.
🔎 BTC: 28.09; ETH: 29.09; USDT: 30.09; other tokens, fiat and P2P: 02.10. Bitget lists each stage at 8:00 UTC, after security checks. Dates are day.month.
💡 A timetable is not confirmation that transfers work now. Check the supported network and live withdrawal status before relying on the schedule.
🔗 Source: https://www.bitget.com/support/articles/12560603896110
#Bitget #CryptoNews #CryptoSecurity
📰 Bitget publishes a phased withdrawal restart plan after its security incident.
🔎 BTC: 28.09; ETH: 29.09; USDT: 30.09; other tokens, fiat and P2P: 02.10. Bitget lists each stage at 8:00 UTC, after security checks. Dates are day.month.
💡 A timetable is not confirmation that transfers work now. Check the supported network and live withdrawal status before relying on the schedule.
🔗 Source: https://www.bitget.com/support/articles/12560603896110
#Bitget #CryptoNews #CryptoSecurity
🔎 BTC: 28.09; ETH: 29.09; USDT: 30.09; other tokens, fiat and P2P: 02.10. Bitget lists each stage at 8:00 UTC, after security checks. Dates are day.month.
💡 A timetable is not confirmation that transfers work now. Check the supported network and live withdrawal status before relying on the schedule.
🔗 Source: https://www.bitget.com/support/articles/12560603896110
#Bitget #CryptoNews #CryptoSecurity
136
·
--
Bullish
CZ SUPPORTS BITGET AFTER $387M HACK
CZ says Binance and the wider BNB Chain ecosystem will help Bitget where possible.
🔎 Track attacker funds.. $BNB
{spot}(BNBUSDT)
🧊 Freeze stolen assets when possible
🤝 BNB Chain ecosystem support $BTC
{spot}(BTCUSDT)
Crypto community standing together. 💪🔥
#Binance #Bitget #BNBChain #CryptoSecurity
CZ SUPPORTS BITGET AFTER $387M HACK
CZ says Binance and the wider BNB Chain ecosystem will help Bitget where possible.
🔎 Track attacker funds.. $BNB
🧊 Freeze stolen assets when possible
🤝 BNB Chain ecosystem support $BTC
Crypto community standing together. 💪🔥
#Binance #Bitget #BNBChain #CryptoSecurity
CZ says Binance and the wider BNB Chain ecosystem will help Bitget where possible.
🔎 Track attacker funds.. $BNB
🧊 Freeze stolen assets when possible
🤝 BNB Chain ecosystem support $BTC
Crypto community standing together. 💪🔥
#Binance #Bitget #BNBChain #CryptoSecurity
2
24
·
--
🚨 Circle & Tether freeze Bitget hacker wallet
Stablecoin issuers blacklisted an address tied to the Bitget exploit.
~$318K locked: 99,990 USDC + 218,023 USDT.
Circle acted first, Tether followed hours later.
The wallet (labeled “Bitget Exploiter 8”) also held ETH that remains unfrozen.
Most stolen funds had already been swapped into ETH.
Bitget’s total loss estimate now sits near $387–388M.
Protection fund covers users.
Small recovery, but fast issuer response.
$ETH
{spot}(ETHUSDT)
$SOL
{future}(SOLUSDT)
$XRP
{future}(XRPUSDT)
#Bitget #Circle #Tether #circletetherfreezebitgethackerwallet
🚨 Circle & Tether freeze Bitget hacker wallet
Stablecoin issuers blacklisted an address tied to the Bitget exploit.
~$318K locked: 99,990 USDC + 218,023 USDT.
Circle acted first, Tether followed hours later.
The wallet (labeled “Bitget Exploiter 8”) also held ETH that remains unfrozen.
Most stolen funds had already been swapped into ETH.
Bitget’s total loss estimate now sits near $387–388M.
Protection fund covers users.
Small recovery, but fast issuer response.
$ETH
$SOL
$XRP
#Bitget #Circle #Tether #circletetherfreezebitgethackerwallet
Stablecoin issuers blacklisted an address tied to the Bitget exploit.
~$318K locked: 99,990 USDC + 218,023 USDT.
Circle acted first, Tether followed hours later.
The wallet (labeled “Bitget Exploiter 8”) also held ETH that remains unfrozen.
Most stolen funds had already been swapped into ETH.
Bitget’s total loss estimate now sits near $387–388M.
Protection fund covers users.
Small recovery, but fast issuer response.
$ETH
$SOL
$XRP
#Bitget #Circle #Tether #circletetherfreezebitgethackerwallet
120
🚨 CZ Steps In After $387M Bitget Hack
Binance founder CZ says Binance + the BNB Chain ecosystem will support Bitget with:
• Tracking the attacker’s funds
• Freezing stolen assets where possible
• Broader ecosystem assistance
A major development for $BGSC B and the wider crypto market. 👀
#Bitget
{alpha}(560xa4b68d48d7bc6f04420e8077e6f74bdef809dea3)
$BTC
{future}(BTCUSDT)
#PolymarketBankFailureBetsDrawFDICConcern #BlackRockBuildsTokenizedPortfoliosForOndo #SECCommissionerPeirceToLeaveOct2
🚨 CZ Steps In After $387M Bitget Hack
Binance founder CZ says Binance + the BNB Chain ecosystem will support Bitget with:
• Tracking the attacker’s funds
• Freezing stolen assets where possible
• Broader ecosystem assistance
A major development for $BGSC B and the wider crypto market. 👀
#Bitget
$BTC
#PolymarketBankFailureBetsDrawFDICConcern #BlackRockBuildsTokenizedPortfoliosForOndo #SECCommissionerPeirceToLeaveOct2
Binance founder CZ says Binance + the BNB Chain ecosystem will support Bitget with:
• Tracking the attacker’s funds
• Freezing stolen assets where possible
• Broader ecosystem assistance
A major development for $BGSC B and the wider crypto market. 👀
#Bitget
$BTC
#PolymarketBankFailureBetsDrawFDICConcern #BlackRockBuildsTokenizedPortfoliosForOndo #SECCommissionerPeirceToLeaveOct2
1
10
·
--
Bearish
🚨 CZ STEPS IN AFTER BITGET’S $387.5M HACK
Bitget just suffered one of the biggest crypto security incidents in recent times — and CZ says Binance isn’t staying on the sidelines.
CZ confirmed that Binance, the $BNB Chain ecosystem, and the wider crypto community will help Bitget where possible.
🔎 Track the attacker’s funds
🧊 Help freeze stolen assets
🤝 Share security intelligence & recovery support
🌐 Bring the wider $BNB Chain ecosystem into the effort
Bitget says the incident is contained and recovery efforts are already underway.
Now the big question: How much of the stolen crypto can actually be recovered? 👀
#Binance #Bitget #Crypto
🚨 CZ STEPS IN AFTER BITGET’S $387.5M HACK
Bitget just suffered one of the biggest crypto security incidents in recent times — and CZ says Binance isn’t staying on the sidelines.
CZ confirmed that Binance, the $BNB Chain ecosystem, and the wider crypto community will help Bitget where possible.
🔎 Track the attacker’s funds
🧊 Help freeze stolen assets
🤝 Share security intelligence & recovery support
🌐 Bring the wider $BNB Chain ecosystem into the effort
Bitget says the incident is contained and recovery efforts are already underway.
Now the big question: How much of the stolen crypto can actually be recovered? 👀
#Binance #Bitget #Crypto
Bitget just suffered one of the biggest crypto security incidents in recent times — and CZ says Binance isn’t staying on the sidelines.
CZ confirmed that Binance, the $BNB Chain ecosystem, and the wider crypto community will help Bitget where possible.
🔎 Track the attacker’s funds
🧊 Help freeze stolen assets
🤝 Share security intelligence & recovery support
🌐 Bring the wider $BNB Chain ecosystem into the effort
Bitget says the incident is contained and recovery efforts are already underway.
Now the big question: How much of the stolen crypto can actually be recovered? 👀
#Binance #Bitget #Crypto
74
Bitget Exploit: Stablecoins Get FrozenThe Bitget exploit put crypto security back in focus. 👀
Circle and Tether blacklisted a linked wallet, freezing around $318K in USDC and USDT.
The key points:
• Bitget reported a backend infrastructure compromise
• Cold-wallet private keys were not affected, according to Bitget
• Stablecoin issuers were able to freeze their tokens
• The stolen funds also included assets that cannot be frozen by USDC or USDT issuers
The bigger takeaway:
Stablecoins bring speed and liquidity, but they also come with issuer-level controls.
That makes the Bitget incident more than just a hack story — it highlights the different security and control models across crypto assets.
Know what you hold. Know who can control it.
#circletetherfreezebitgethackerwallet #CircleMints500MUSDCOnSolana #Bitget #CryptoSecurity
{spot}(CRCLBUSDT)
{spot}(USDCUSDT)
{spot}(ETHUSDT)
Bitget Exploit: Stablecoins Get Frozen
The Bitget exploit put crypto security back in focus. 👀
Circle and Tether blacklisted a linked wallet, freezing around $318K in USDC and USDT.
The key points:
• Bitget reported a backend infrastructure compromise
• Cold-wallet private keys were not affected, according to Bitget
• Stablecoin issuers were able to freeze their tokens
• The stolen funds also included assets that cannot be frozen by USDC or USDT issuers
The bigger takeaway:
Stablecoins bring speed and liquidity, but they also come with issuer-level controls.
That makes the Bitget incident more than just a hack story — it highlights the different security and control models across crypto assets.
Know what you hold. Know who can control it.
#circletetherfreezebitgethackerwallet #CircleMints500MUSDCOnSolana #Bitget #CryptoSecurity
Circle and Tether blacklisted a linked wallet, freezing around $318K in USDC and USDT.
The key points:
• Bitget reported a backend infrastructure compromise
• Cold-wallet private keys were not affected, according to Bitget
• Stablecoin issuers were able to freeze their tokens
• The stolen funds also included assets that cannot be frozen by USDC or USDT issuers
The bigger takeaway:
Stablecoins bring speed and liquidity, but they also come with issuer-level controls.
That makes the Bitget incident more than just a hack story — it highlights the different security and control models across crypto assets.
Know what you hold. Know who can control it.
#circletetherfreezebitgethackerwallet #CircleMints500MUSDCOnSolana #Bitget #CryptoSecurity
1
1
40
🚨 BREAKING: Bitget Security Incident
Bitget has confirmed a major security incident involving some of its hot and warm wallets on September 24, 2026.
🔴 According to Bitget, approximately $387.5 million worth of crypto assets were transferred to attacker-controlled addresses.
🔐 Bitget stated that its cold wallets remained secure, and the affected amount is covered by its User Protection Fund.
⚠️ Important: This incident involved Bitget Exchange, not Bitget Wallet. Bitget Wallet stated that its self-custodial systems and users' assets were not affected.
The investigation and fund recovery efforts are still ongoing.
Stay alert during security incidents and always verify information through official sources. 🛡️
#Bitget #CryptoNews #Blockchain #Security #Bitcoin #Crypto
🚨 BREAKING: Bitget Security Incident
Bitget has confirmed a major security incident involving some of its hot and warm wallets on September 24, 2026.
🔴 According to Bitget, approximately $387.5 million worth of crypto assets were transferred to attacker-controlled addresses.
🔐 Bitget stated that its cold wallets remained secure, and the affected amount is covered by its User Protection Fund.
⚠️ Important: This incident involved Bitget Exchange, not Bitget Wallet. Bitget Wallet stated that its self-custodial systems and users' assets were not affected.
The investigation and fund recovery efforts are still ongoing.
Stay alert during security incidents and always verify information through official sources. 🛡️
#Bitget #CryptoNews #Blockchain #Security #Bitcoin #Crypto
Bitget has confirmed a major security incident involving some of its hot and warm wallets on September 24, 2026.
🔴 According to Bitget, approximately $387.5 million worth of crypto assets were transferred to attacker-controlled addresses.
🔐 Bitget stated that its cold wallets remained secure, and the affected amount is covered by its User Protection Fund.
⚠️ Important: This incident involved Bitget Exchange, not Bitget Wallet. Bitget Wallet stated that its self-custodial systems and users' assets were not affected.
The investigation and fund recovery efforts are still ongoing.
Stay alert during security incidents and always verify information through official sources. 🛡️
#Bitget #CryptoNews #Blockchain #Security #Bitcoin #Crypto
206 Atlas:
$387M is massive. The market will price in exchange risk regardless of the protection fund coverage.
1
1
241
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number
Trending Topics
1
#StrategyStriveAdd2305BitcoinThisWeek
15,131 views
524 Discussing
2
#TrumpRejectsIranHormuzReopening
18,605 views
498 Discussing
3
#CircleTetherFreezeBitgetHackerWallet
38,946 views
616 Discussing
4
#SECSaysTokenBuybacksNotAutoSecurities
17,466 views
310 Discussing
5
#ChinaUSAgreeOn$30BTariffCut
764 views
20 Discussing
6
#CoinMarketCapCompletesCoinglassAcquisition
34,687 views
468 Discussing
7
#CircleMints500MUSDCOnSolana
202,212 views
3,021 Discussing
8
#PolymarketBankFailureBetsDrawFDICConcern
174,255 views
2,338 Discussing
9
#BlackRockBuildsTokenizedPortfoliosForOndo
164,176 views
1,680 Discussing
10
#BitwiseFilesToListNEARETFOnNYSEArca
112,469 views
1,306 Discussing