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Bitget
237 TokenPost stories are tagged Bitget. The newest appear first.
Latest Bitget stories
- Bitget CEO Says Full Recovery Unlikely After $388M Crypto Theft
Bitget is offering rewards for frozen and recovered funds as related assets remain under investigation.
· Technology
- Bitget CEO Sees Limited Prospects for Recovering $388M Breach Funds
Gracy Chen pointed to Bybit’s recovery record as a benchmark, while Bitget has offered rewards for frozen and recovered assets.
· Technology
- Bitget CEO Challenges THORChain After $387.5 Million Wallet Breach
Gracy Chen wants THORChain to block addresses tied to Bitget’s Sept. 24 breach, while the protocol says its emergency controls cannot freeze individual wallets or swaps.
· Technology
- NEAR Intents Says It Froze $503,000 in Bitget Hack Funds
About $166,000 moved through the swap system, while Bitget waived NEAR Intents’ share of the recovery bounty.
· Technology
- Whale Deposits 20,000 Ether Worth $54.66 Million on Bitget
The wallet converted about 20,040 stETH into roughly 20,000 ETH through 1inch before sending the tokens to the exchange.
· Investing
- Ether Wallet Balance Rises Above Level Recorded Before Bitget Withdrawals Opened
The address fell from about 30,000 ETH to roughly 25,000 ETH within 30 minutes after withdrawals opened, then received ETH inflows that lifted its balance slightly above its starting point.
· Business
- Bitget Revises Crypto Theft Estimate to Approximately $387.5 Million
The exchange detected unauthorized transfers Sept. 24, paused withdrawals and later began restoring them in phases after adding Zcash and TRON transactions to its estimate.
· Technology
- Circle Strands $201,000 Linked to Bitget Theft Between Blockchains
A transfer from Noble hit the Cross-Chain Transfer Protocol limit and entered a pending state before Circle blacklisted the target address.
· Technology
- Bitget Hack-Linked Wallet’s Chainflip Transfer Rejected by Broker
About 100 Solana tokens entered Chainflip Vault before the broker rejected the deposit and returned the funds to the wallet.
· Technology
- Bitget Reports $388 Million Crypto Theft From Hot and Warm Wallets
The exchange said forged withdrawal commands moved funds from part of its hot and warm wallets, while customer balances and cold wallets were unaffected.
· Technology
- NEAR Intents Identifies More Than $50 Million in Transfers Linked to Bitget Attack
Only about $166,000 in attempted transfers was completed, while another $503,000 was frozen and remains restricted.
· Technology
- Bitget Hit by $387.5 Million Theft as NEAR Freezes $503,000
Most of the stolen funds moved across blockchains and later concentrated on Ethereum.
· Technology
- Bitget Raises Loss Estimate to $387.5 Million After Wallet Breach
The exchange said cold wallets and user balances were unaffected, while blockchain records showed funds moving across eight networks for nearly three hours.
· Technology
- Bitget Hack Left 30 Minutes Before $290 Million in Assets Moved
Unauthorized transfers began at 2:31 p.m. ET on Sept. 24, while two major waves followed at 3:01 p.m. and 3:16 p.m.
· Technology
- THORChain Rejects Bitget Plea as $6.3 Million Moves to Bitcoin
Twenty-seven swaps converted about 2,390 Ether into 75.2 Bitcoin after Bitget’s Sept. 24 breach, which the exchange valued at $387.5 million.
· Technology
- ZachXBT Says $387 Million Stolen From Bitget Is Being Routed Through Mixers
The funds are moving through cross-chain bridges and mixer services, while an operator known as Alias 4 is tied to earlier laundering activity.
· Technology
- ZachXBT Seeks Help Tracing Funds Tied to $387 Million Bitget Attack
The investigator said suspected North Korea-linked launderers are soliciting fund-transfer assistance on Discord and Telegram as assets move across chains.
· Technology
- Bitget Resumes Bitcoin Withdrawals After $388 Million Hack
Ether withdrawals are scheduled to resume Tuesday, followed by USDt withdrawals Wednesday as the exchange restores services after the Sept. 24 breach.
· Technology
- Bitget Confirms 6,946 Bitcoin Withdrawals On-Chain
The exchange processed 7,683 BTC withdrawal requests totaling about 3,609 BTC by 4:50 a.m. ET on Sept. 28, with no backlog in withdrawal orders.
· Business
- Bitget Traces Sept. 25 Attack to Third-Party Security Tool
The exchange said attackers used stolen internal credentials to forge withdrawal commands, while private keys and cold wallets remained unaffected.
· Technology
- Bitget CEO Says Third-Party Flaw Enabled $380 Million Theft
Gracy Chen said hackers stole internal access credentials, forged withdrawal commands and bypassed risk checks without compromising private keys.
· Technology
- Bitget Moves 2,042 BTC Into Hot Wallet After Reopening Withdrawals
The transfer came from a 5,500-BTC protection fund, with 3,457.72 BTC still remaining on-chain.
· Investing
- Bitget Sets No Priority Access for Institutions, VIPs or Employees
Bitcoin withdrawals resumed first after verification, with Ether and USDT to follow based on verification progress and user demand.
· Technology
- Bitget Completes Vulnerability Repairs, Adds Four Security Controls
The exchange isolated affected systems, invalidated and reissued internal credentials, and required independent verification for subsequent withdrawals.
· Technology
- Bitget Says $464 Million Fund Covers Attack Losses as Withdrawals Resume
The exchange is restoring withdrawals in phases as affected blockchains complete repairs and security validation, with Bitcoin withdrawals already open.
· Technology
- Bitget Keeps Withdrawals Paused After Attack Hit Multiple Chains
The exchange says withdrawals will resume by chain and asset after repairs and security checks are completed.
· Technology
- Bitget Reopens Bitcoin Withdrawals After Security Incident
Ether withdrawals are scheduled for Sept. 29, followed by USDT on Sept. 30 and other services on Oct. 2.
· Technology
- Bitget To Restore Withdrawals Across All Assets By Oct. 2
Bitcoin withdrawals were scheduled to reopen first, followed by Ether, Tether and other assets across multiple networks.
· Business
- Bitget Says Third-Party Vulnerability Caused First Security Incident in Eight Years
The exchange said losses fall within its user protection fund, while private keys and cold wallets were not affected.
· Technology
- Bitget Details Security Incident Timeline, Report Due This Week
The exchange said unauthorized transfers moved about $388 million across multiple networks on Sept. 25 before services were isolated and deposits reopened.
· Technology
- Bitget Protection Fund to Cover $388 Million Asset Loss
CEO Gracy Chen said the exchange will replenish the fund to at least $300 million within one week after using it.
· Technology
- Bitget Plans to Replenish Protection Fund Above $300 Million
The exchange said about $388 million in assets were transferred without authorization across multiple networks and will be covered by its user protection fund.
· Technology
- Bitget Hack-Linked Ether Is Being Swapped for Bitcoin Through THORChain
The stolen assets involved in the movement are valued at $351.6 million, with Ether being exchanged for Bitcoin through the cross-chain protocol.
· Technology
- Bitget Reports $387.5 Million Hot-Wallet Loss, Sets Phased Withdrawal Restoration
The exchange said its protection fund covers the loss. Bitwise also filed for a NEAR ETF to trade on NYSE Arca under the ticker NRR.
· Technology
- Bitget Keeps XRP Withdrawals Frozen as 27.63 Million Tokens Move
The funds moved from two tracked XRP Ledger accounts toward THORChain and Bitcoin, while Bitget has not given XRP a specific reopening time.
· Technology
- Bitget Reports $351 Million Loss and Suspends Withdrawals
The exchange temporarily suspended withdrawals, while CEO Gracy Chen said its protection fund would cover the losses.
· Technology
- THORChain Swap Volume Surges as Bitget Stolen Funds Move Through Network
Daily swap volume topped $500 million and fees exceeded $800,000 during the Sept. 24-26 period.
· Technology
- Bitget Hack-Linked Wallets Move More Than Half of Stolen XRP
About 54 million XRP worth $83 million has left five initial wallets, while the XRP Ledger cannot freeze its native asset.
· Technology
- Analyst Says THORChain Routed Most Bybit Stolen Funds in 10 Days
THORChain collected nearly $10 million in fees during the period, while fees tied to some funds from the recent Bitget theft reached $1 million.
· Technology
- THORChain Rejects Blame for Bitget Theft Fund Transfers
The protocol says its decentralized, permissionless design does not make it responsible for processing known stolen funds. Critics pointed to a prior 39-day service suspension after an attack.
· Technology