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🚨 FLASH HACK : What really happened at Bitget? 🚨
A major security incident has rocked the crypto ecosystem. Here’s the full rundown on the situation 🧵👇
💥 The Attack, in Brief
On September 24, 2026, Bitget suffered a vulnerability in its backend infrastructure. The attackers forged internal system permissions to approve fraudulent transfers and drain the hot wallets.
💰 Loss Amount: ~387.5 million $
Major cryptocurrencies were diverted across multiple blockchains: ETH, XRP, USDT, TRX, AVAX, BNB, and ZEC.
🛡️ What’s the impact on users?
• ❄️ Cold Wallets: 100% secured (the cold wallets were not affected).
• 👤 Client balances: No direct impact on your accounts.
• 🛡️ Protection Funds: The Bitget guarantee fund (estimated at over $460M) will cover the entirety of the losses.
🕵️ Who’s behind the hack?
According to CEO Gracy Chen, the IP addresses and the modus operandi point to North Korean hackers (the Lazarus group). Cybersecurity giants Mandiant and SlowMist are working on the case.
🗓️ Withdrawal Recovery Timeline:
✅ Vulnerability fixed & trading operational
📌 Sept. 28: BTC withdrawals
📌 Sept. 29: ETH withdrawals (Ethereum, BSC, Arbitrum, Base, OP)
📌 Sept. 30: USDT withdrawals (Ethereum, BSC, Solana, Tron)
📌 Oct. 2: Other altcoins, fiat, and P2P
Stay cautious and always verify your sources officially! 🔍✨
#Bitget #CryptoNews #Security #BinanceSquare #Hacking #Lazarus
🚨 FLASH HACK : What really happened at Bitget? 🚨
A major security incident has rocked the crypto ecosystem. Here’s the full rundown on the situation 🧵👇
💥 The Attack, in Brief
On September 24, 2026, Bitget suffered a vulnerability in its backend infrastructure. The attackers forged internal system permissions to approve fraudulent transfers and drain the hot wallets.
💰 Loss Amount: ~387.5 million $
Major cryptocurrencies were diverted across multiple blockchains: ETH, XRP, USDT, TRX, AVAX, BNB, and ZEC.
🛡️ What’s the impact on users?
• ❄️ Cold Wallets: 100% secured (the cold wallets were not affected).
• 👤 Client balances: No direct impact on your accounts.
• 🛡️ Protection Funds: The Bitget guarantee fund (estimated at over $460M) will cover the entirety of the losses.
🕵️ Who’s behind the hack?
According to CEO Gracy Chen, the IP addresses and the modus operandi point to North Korean hackers (the Lazarus group). Cybersecurity giants Mandiant and SlowMist are working on the case.
🗓️ Withdrawal Recovery Timeline:
✅ Vulnerability fixed & trading operational
📌 Sept. 28: BTC withdrawals
📌 Sept. 29: ETH withdrawals (Ethereum, BSC, Arbitrum, Base, OP)
📌 Sept. 30: USDT withdrawals (Ethereum, BSC, Solana, Tron)
📌 Oct. 2: Other altcoins, fiat, and P2P
Stay cautious and always verify your sources officially! 🔍✨
#Bitget #CryptoNews #Security #BinanceSquare #Hacking #Lazarus