Bitget to Cover $351M Loss in 2026’s Biggest Exchange Hack
Bitget says it will cover $351.6 million in losses after hackers breach. Continue reading at DailyCoin.
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Bitget says it will cover $351.6 million in losses after hackers breach. Continue reading at DailyCoin.
What began as hundreds of millions of dollars mysteriously moving from Bitget-labeled wallets now has an answer. Bitget founder Gracy Chen disclosed Thursday that the crypto exchan...
Bitget says a $351.6M wallet breach hit hot and warm wallets, with withdrawals paused as investigators examine a backend system compromise.
The attacker still controls roughly 24,590 ether across three wallets created during the breach. That is a potential source of selling pressure on ETH if the funds are sold rather...
Bitget plans to acquire a licensed Thai crypto exchange through BTGT Management, with the deal targeting October 31 after a $388 million security breach.
TL;DR Bitget has increased the confirmed value of assets transferred to attacker-controlled addresses from $351.6 million to about $387.5 million. The exchange says the underlying...
The proposed acquisition would give Bitget a route into Thailand’s crypto market through a locally licensed operator.
Bitget has launched a recovery bounty offering 5% for freezing stolen assets and another 5% for recovering them after an attack it initially valued at $351.6 million. Bitget CEO Gr...
Bitget is celebrating eight years with a $3 million trading competition, expanded asset offerings and upgraded proof-of-reserves coverage.
The exchange says the revision adds assets from the same incident and will announce a withdrawal plan by Sept. 26. The post Bitget’s hack just got $36 million bigger, and now there...
Bitget has initiated a phased resumption of user withdrawals following a $388 million security exploit on Sept. 24.
Bitget’s KCGI 2026 live trading competition is now active with a $3M USDT prize pool across crypto, tokenized stocks, and gold.
The company also stated that Bitget Wallet, its decentralized wallet application, operates independently from the exchange infrastructure and was not impacted.
Bitget says user funds are safe and exchange will continue to operate during the change.
Matthew Brockett / Bloomberg: Bitget halts withdrawals after detecting unauthorized transfers from some hot and warm wallets, affecting ~$351.6M; CEO Gracy Chen says “user funds ar...
Bitget's own token, BGB, fell roughly 5% after reports of the hack began circulating late in the US session. The broader crypto market is up nearly 10% over the past week, which su...
The restored backstop is separate from customer reserves, and claims remain subject to Bitget's assessment as withdrawals reopen in phases. The post Bitget restores $300M fund afte...
Bitget said unauthorized transfers affected a limited number of hot wallets, while cold wallets and most platform assets remained unaffected.
Bitget confirmed a $351.6 million wallet breach and paused withdrawals, while CEO Gracy Chen said customer funds remain protected. The post Bitget confirms over $350M breach and te...
The Bitget breach announced on Thursday affected about $35 million more than previously reported, based on an analysis of assets on Zcash and TRON.Crypto exchange Bitget released a...
The attacker who stole about $388 million from the cryptocurrency exchange Bitget gained access through a vulnerability in a third-party security product the exchange used, Bitget...
Bitcoin Magazine Nearly $352M Moved From Crypto Exchange Bitget Wallets in Suspected Hack Crypto exchange Bitget detected unauthorized transfers and has temporarily halted withdra...
Bitget has reopened BTC withdrawals after its USD 388 million hack, with ETH, USDT and other services scheduled to return through Oct. 2.
Bitget lost about $350 million in a breach spanning seven blockchains, according to Arkham’s analysis of the stolen funds. The exchange has paused withdrawals while investigators t...
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