bitgetceoconfirms$388mstoleninhack

📊 $388M Crypto Security Incident
A massive security incident at Bitget has put nearly $388M in transferred assets under the spotlight.
The exchange says the vulnerability has been fixed and no further unauthorized transfers are possible.
Security remains one of crypto's biggest priorities. 🔐
$BTC $ETH $BNB $XRP#BitgetCEOConfirms$388MStolenInHack

⚠️ Bitget Confirms $387.5M Loss
The initial estimate was $351.6M, but Bitget later revised it to $387.5M after additional Zcash and TRON assets were identified.
The incident highlights the importance of exchange security and wallet infrastructure.
$ETH $XRP $BNB
#BitgetCEOConfirms$388MStolenInHack

🚨 Major Exchange Security Alert
Around $388M worth of crypto was affected in the Bitget incident.
The exchange says the attack exploited a vulnerability in a third-party security product.
Crypto security is back in focus. 🔐
$BTC $ETH $XRP
#BitgetCEOConfirms$388MStolenInHack

🔥 $388M Bitget Hack Confirmed
Bitget has confirmed approximately $387.5M in assets were transferred during the security breach.
The exchange says the private keys were not compromised and the incident is contained.
$BTC $ETH $XRP $BNB #BitgetCEOConfirms$388MStolenInHack

#BitgetCEOConfirms$388MStolenInHack

The crypto space has experienced one of its largest security breaches of the year. Bitget CEO Gracy Chen confirmed that an estimated $387.5 million was drained following an exploit targeting critical backend systems.

Here is a comprehensive breakdown of what happened, current mitigation steps, and what traders need to do next:

1. How the Breach Occurred

System Compromise: Attackers compromised a third-party security product and critical backend wallet infrastructure.

Spoofed Approvals: The hackers forged transaction data, effectively tricking Bitget's own authorization systems into validating the unauthorized outbound transfers.

Affected Chains: Losses spanned multiple blockchains, including Ethereum (ETH), XRP Ledger, TRON, Zcash, BNB Chain, and Avalanche.

Suspected Attribution: Early investigations link the exploit mechanics to sophisticated state-sponsored threat groups, such as North Korea's Lazarus/TraderTraitor network.

2. Current Status & Protection Measures

User Protection Fund: Bitget has clarified that its $400M+ Protection Fund is fully equipped to cover the affected assets, ensuring user balances remain backed.

Staggered Withdrawal Resumption: Suspended services are gradually coming back online after rigorous security audits. Bitcoin network withdrawals have begun reopening, with Ethereum and USDT expected to follow shortly.

Forensic Investigation: Leading Web3 security teams, including Mandiant and SlowMist, are working alongside law enforcement to trace and freeze stolen funds on-chain.

3. Key Action Plan for Crypto Holders

Verify Token Approvals: Use tools like Revoke.cash to review and revoke unnecessary smart contract permissions on your personal EVM wallets.

Beware of Phishing Scams: Major exchange incidents trigger influxes of fake support accounts offering "refunds" or "withdrawal assistance." Rely exclusively on official Bitget channels.

Upgrade Account Security: Ensure 2FA (hardware keys like YubiKey or authenticator apps) is enabled on all exchange accounts and avoid using SMS

#BitgetCEOConfirms$388MStolenInHack

🚨 Bitget CEO Confirms $388M Stolen in Major Hack: Protection Fund to Fully Cover Losses 🛡️💥

Bitget CEO Gracy Chen has officially clarified that the recent exchange exploit resulted in approximately $387.5 million to $388 million in stolen digital assets—up from initial lower estimates.

The breach occurred after attackers compromised a critical backend system and manipulated transaction data, tricking internal systems into approving unauthorized transfers across multiple blockchains (including XRP Ledger, TRON, and Zcash). Investigators have linked the IP patterns and on-chain signatures to DPRK-affiliated hacking groups.

📰 Key Takeaways & Official Response:
Full Fund Guarantee: Bitget confirmed that its $464M+ Protection Fund will fully absorb the loss, ensuring user account balances remain safe and backed 1:1.

Recovery Operations: Bitget is collaborating with law enforcement, on-chain analytics teams, and cross-chain protocols like THORChain to track and freeze exploited wallet addresses.

System Hardening: Backend signing modules are undergoing comprehensive security revamps to prevent future spoofing vulnerabilities.

📍#BitgetDetailsSecurityIncidentTimeline #BitgetToken

#BitgetCEOConfirms$388MStolenInHack
🚨 $388 MILLION STOLEN IN BITGET HACK! 💥
Bitget CEO has confirmed that approximately $388M in crypto was stolen during the recent security incident. 😳
🔴 $388M affected
🔐 Hot/warm wallet infrastructure targeted
🧊 Cold wallets reportedly remained unaffected
🛡️ Bitget says user balances remain protected
🔎 Investigation into the attack is ongoing
The size of the incident is massive — but the bigger question for traders is what happens next.
⚠️ Exchange security is back in the spotlight.
Would this make you withdraw your funds from exchanges, or keep trading as normal?
#Bitget #crypto #bitcoin

🚨 🚨 $388M Poof! CEO Confirms! 🚨
#BitgetCEOConfirms$388MStolenInHack after a crazy third-party security exploit. That is a massive mountain of cash ($388,000,000!) walking out the door. The good news? Cold wallets are safe and User Protection Funds will cover the bill. 🛡️
What should traders do?
🧘‍♂️ Chill out and breathe.
🚫 Stop checking your balance every 5 seconds.
⏳ Give the tech team a few days to patch up everything.
🔒 Keep your own account security tight.
⚠️ This is not financial advice!
Want a smoother ride? Move to Binance!
👉 Code: VINHTOCDO
👉 Link: https://www.binance.com/register?ref=VINHTOCDO
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$BTC
$ETH
$XRP
#bitgethack #CryptoSecurity #Web3 #BinanceSquare #VINHTOCDO #CryptoNews

The Bitget hacker turns to THORChain to move funds and reignites the debate about decentralization! $RUNE

After the theft of approximately $388 million from the platform, on-chain records show that the attacker converted 2.390 $ETH to around $6.3 million into 75.2 $BTC via THORChain, carrying out 27 cross-chain operations.

In response to these moves, Bitget CEO Gracy Chen publicly asked the network to block the addresses associated with the attacker and offered a 5% reward for helping freeze or recover the assets. Her position holds that decentralization should not become a shield to facilitate the laundering of identified stolen funds.

However, THORChain rejected the use of selective blacklists. By design, the protocol cannot freeze accounts or block individual transactions. Its emergency mechanism allows pausing the entire network or specific exchange routes in the event of technical risks, but it does not censor specific addresses.

This case brings back one of the biggest dilemmas in the crypto ecosystem: open, neutral, permissionless protocols versus the demands for security, oversight, and compliance when large-scale attacks occur.

Should DeFi protocols incorporate blacklists to limit the movement of stolen funds, or should resistance to censorship remain a core principle?

FOLLOW ME FOR MORE NEWS AND ANALYSIS….

#THORChain #noticias
#BitgetCEOConfirms$388MStolenInHack

🛡️ Bitget Says User Funds Are Protected
Bitget says the affected assets were transferred from parts of its exchange wallet infrastructure.
The company says its User Protection Fund will cover the loss.
Meanwhile, the industry is watching the recovery effort closely.
$BTC $ETH $XRP #BitgetCEOConfirms$388MStolenInHack

$TAO REJECTED FROM THE DESCENDING TRENDLINE.
TAO is showing a clear rejection from the higher-timeframe descending trendline, with price now back around $301 after failing to hold the $320–$330 area.
The 4H structure is turning bearish, while the daily and weekly charts show the same descending resistance still acting as a major ceiling.

If $300 breaks with confirmation, the next levels I’m watching are $290 → $278. And i am personally looking at the 260$ for a long shoot cause majors like $BTC and $SOL are bledding so eyes on the berish side till majors shows some buyings!

For the bullish side, TAO needs to reclaim the $330 zone and break the descending trendline with a strong close before the structure can shift back upward.

Key levels:
Support: $300 / $290 / $278
Resistance: $320 / $330

The rejection is in now we watch whether 277$ holds or the next leg down begins.



#GoldFallsTo$4144 #QNTFallsOver40%FromMorningHigh #BitgetCEOConfirms$388MStolenInHack #BTCFallsBelow$83000 #BitgetDetailsSecurityIncidentTimeline

$ETH — LATEST ANALYSIS

ETH is currently consolidating around the $2.65K area after facing rejection near $2.8K.

🟢 Support: $2.58K–$2.62K
🔴 Resistance: $2.70K–$2.80K

A break above $2.80K could strengthen bullish momentum, while a break below $2.58K may increase downside pressure.

📌 Key Zone: $2.58K–$2.80K

#BitgetCEOConfirms$388MStolenInHack

$BTC — Latest Quick Analysis
**BTC:** around **$83.4K**, down about **1.2%** today. Bitcoin recently rejected the **$85K** area and is now testing short-term support around **$83K–$83.3K**. ([CoinMarketCap][1])

* 🟢 **Bullish:** Holding $83K and reclaiming **$84.4K–$85K** could bring the recent highs back into focus.
* 🔴 **Bearish:** A clean break below $83K could expose **$82.6K**, with deeper support around **$81K–$82K**. ([CoinMarketCap][1])
* 📊 **Key catalyst:** U.S. **PCE inflation data on Sept. 30** could increase volatility. ([CoinMarketCap][1])

**Short-term view:** BTC is in a pullback/consolidation phase
#BitgetCEOConfirms$388MStolenInHack #BTCFallsBelow$83000 #BitgetDetailsSecurityIncidentTimeline

$QNT _Latest Analysis — 28 Sep 2026

QNT is in a very strong but overheated uptrend. It is trading around $255–$285, after an explosive move of roughly 300%+ over the past week.

* 🟢 Trend: Strong bullish momentum; price remains well above major moving averages.
* 🔥 Momentum: RSI around 80, indicating significantly overbought conditions and elevated pullback risk.
* 🛡️ Key support: Around $255, then $228 and $172.
* 🚀 Resistance: $350–$373; a sustained break above $373 would put the $427–$430 historical high in focus.
* ⚠️ Risk: After such a rapid rally, volatility and profit-taking can be very high.

Short-term view: Bullish trend, but chasing the current spike carries elevated correction risk.
#GoldFallsTo$4144 #QNTFallsOver40%FromMorningHigh #BitgetCEOConfirms$388MStolenInHack #BTCFallsBelow$83000 #FedProposesPaymentStablecoinRules

QNT Latest Analysis — September 28, 2026 📊

Quant ($QNT ) is showing an extremely strong rally. CoinGecko currently reports QNT around $186.50, up 50.9% in 24h and 183.7% over 7 days.

🔥 Key drivers

* The Clearing House selected Quant/Overledger for a tokenized-deposit network, providing a major institutional-use catalyst.
* QNT has broken sharply higher after months of weakness.
* Trading volume has surged significantly alongside the move.

📈 Technical levels

Resistance: $193–$200
Support: $160–$170
Major psychological level: $200

Momentum remains very strong, but the move is also highly extended, so sharp pullbacks are possible after such a rapid rally. FXStreet notes QNT had risen nearly 350% over the previous week before easing on September 28.

Overall setup: Strong bullish momentum + major institutional catalyst, but short-term volatility and profit-taking risk are elevated.

Not financial advice; crypto prices can change rapidly.#GoldFallsTo$4144 #QNTFallsOver40%FromMorningHigh #BitgetCEOConfirms$388MStolenInHack

#kospifalls2.7%samsungskhynixdropover5%
🚨 KOSPI Crashes 2.7% Below 7,000 as Samsung & SK Hynix Drop Over 5%! 🇰🇷📉
South Korea’s benchmark KOSPI index broke below the key 7,000 level today (Sep 28), closing down 191.18 points (-2.70%) at 6,889.74.

As Korean markets re-opened after the Chuseok holiday, local equities absorbed the macro shockwaves from the U.S.—triggering a massive risk-off wave across Asian semiconductor leaders.

📰 Key Market Highlights:
Semiconductor Bloodbath: Samsung Electronics dropped 5.05% to ₩270,000, while SK Hynix sank 5.43% to ₩1,768,000. Holding company SK Square plummeted over 7.5%.

Foreign Capital Flight: Institutional and foreign investors dumped over ₩3 trillion (~$2.22B) in Samsung and SK Hynix stock.

Macro Drag Factors: U.S. long-term Treasury yields spiked, oil climbed past $100/bbl, and concerns over AI data center buildout delays (exacerbated by software sector delays and OpenAI training pauses) sparked profit-taking across chipmakers.

⛓️ Crypto Correlation & Market Impact:
When TradFi technology mega-caps face systemic liquidation, liquid asset markets—especially Bitcoin ($BTC ) and Ethereum ($ETH)—often feel immediate secondary liquidity pressure.

Systemic De-risking: Tech sell-offs force multi-asset funds to trim high-beta exposure, dragging crypto lower into structural demand zones.

Capital Rotation: While crypto trades mixed in the short term, historical precedents show that after tech-leveraged flush-outs settle, capital frequently rotates into decentralized risk assets.

📊 Trade Signals & Setups
🪙Key Context: Watching for leverage absorption as Asian TradFi equity markets settle following the post-holiday opening dump.
$BTC
📍 BTC/USDT (Asian Equity Sell-Off Rebound Setup)
🎯 Buy/Long Entry Zone: $82,000 – $83,000

🛑 Stop Loss: $80,800

🟢 Take Profit 1: $85,200

🟢 Take Profit 2: $87,500

🟢 Take Profit 3: $90,000

⚠️ Risk Level: Medium-High

#BitgetCEOConfirms$388MStolenInHack #Binance #ChinaMayLetAlibabaByteDanceBuyNvidiaChips

$TRUMP
$XAU
Copper falls to the lowest level in a week due to China data and the dollar

Copper prices fell to their lowest levels in more than a week on Monday, as weak economic data from China and a stronger dollar weighed on expectations for demand.

The benchmark copper price on the London Metal Exchange dropped by 1.80% to $14,364.00 per metric ton at 12:13 p.m. Earlier, the price had touched $14,354.00, the lowest level since 17/09/2024.

Growth in China’s industrial profits slowed during August, as gains in the technology manufacturing sector linked to artificial intelligence failed to offset weakness in domestic demand. China is the world’s largest consumer of copper.

Rising oil prices also contributed to deepening the decline in copper prices.#GoldFallsTo$4144 #QNTFallsOver40%FromMorningHigh #BitgetCEOConfirms$388MStolenInHack #BTCFallsBelow$83000