Bitget has raised its estimate of assets transferred to attacker-controlled addresses from $351.6 million to $387.5 million, adding transfers through Zcash and TRON that were missing from the first calculation. London’s trading industry is coming […]
Bitget detected unauthorised transfers from several hot wallets at 18:31 UTC on September 24, with the initial damage estimated at $351.6 million. A North Korean connection is considered likely, with identified VPN and IP patterns […]
Bitget, a global crypto exchange, is facing heightened scrutiny following a major security incident on September 24, 2026, after approximately $351.6 million in digital assets were affected by unauthorized transfers. The exchange said the incident […]
Key Takeaways Arkham says $228 million left Bitget during an 18-minute period. Attackers converted assets into ether and spread it across new wallets. Bitget says its protection fund covers the estimated $351.6 million loss. $228 […]
Key Takeaways Bitget detected the $351.6M breach at 18:31 UTC on Sept. 24 and halted withdrawals. Gracy Chen says Bitget’s $464M-plus protection fund can absorb the entire $351.6M loss. Bitget says private keys were not […]
Bitget exchange CEO Gracy Chen has confirmed that the $351.6M loss has been contained, and that no further authorized transfers are possible. In an update on X, Chen said attackers had breached Bitget’s backend wallet […]
Key Takeaways Two Bitget wallets sent 102,926,478 XRP to a single new address in three payments on Sept. 24. Only about 400,000 XRP, roughly 0.4% of the haul, had left the attacker’s wallets by Sept. […]
Cold wallets, which hold most of Bitget’s assets, were never touched at all, the exchange says, even as hot and warm layers took the hit. Bitget says its security systems flagged unauthorized transfers from […]
Key Takeaways Bitget confirmed a Sept. 24 breach affecting an estimated $351.6 million. Gracy Chen said Bitget’s $464 million-plus protection fund covers the full loss. Bitget paused withdrawals and plans a full incident report within […]
Bitget is giving institutional traders the option to trade on its exchange without keeping the underlying collateral there, the latest sign that crypto markets are adopting a clearer separation between custody and execution. The exchange […]
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