Exchanges
Bitget restores $300M fund after absorbing $388M security breach
The restored backstop is separate from customer reserves, and claims remain subject to Bitget's assessment as withdrawals reopen in phases.
Liam 'Akiba' Wright 2 min read
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Hacks
Bitget’s hackers turn to Zcash after $50 million laundering route gets blocked
Zcash shielding is becoming part of Bitget hackers’ escape strategy as crypto firms freeze, reject and reroute stolen funds.
Exchanges
Nearly 5,000 BTC leaves Bitget as hackers begin laundering $387 million haul
Bitget processed 9,585 Bitcoin withdrawal orders totaling 4,098 BTC after reopening access following its $387.5 million hack.
Latest Bitget News & Analysis
Featured
Bitget says Bitcoin withdrawals are open after $387M hack, but ETH and USDT must wait
Bitget reported reopening BTC withdrawals after public fills showed futures trading during the pause, but individual transfers still need separate evidence.
Hacks
Bitget had 30 minutes to contain its hack before $290 million started moving
Blockchain data shows the exchange detected suspicious activity well before the breach’s two largest transfer waves.
Featured
Bitget freezes XRP withdrawals as 27M stolen tokens move
XRP withdrawals remained disabled on Sept. 26, while Bitquery's dated trace shows tokens moving onward without a measured spot-market sale.
Hacks
Swiss bank shields Bitget institutions while retail funds freeze
Sygnum offers bank-held trading collateral to institutional clients, while Bitget's withdrawal pause leaves ordinary balances dependent on its own controls and fund.
Hacks
Bitget’s hack just got $36 million bigger, and now there’s a bounty on the stolen crypto
The exchange raised its loss estimate after tracing more assets, launched a 5% recovery bounty and kept withdrawals suspended.
Hacks
Bitget’s North Korea-linked $352 million hack could drain 76% of its protection fund
Bitget says its $464 million backstop will cover losses, though the final draw depends on recoveries.
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Hacks
Bitget’s $351.6 million hack pushes September crypto losses to 2026 high
Trading
Bitget latest CEX to expand into tokenized equity trading via xStocks integration
Adoption
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Exchanges
