🚨 BITGET HIT BY A $351.6M SECURITY INCIDENT
A major security incident has hit Bitget, with unauthorized transfers detected from parts of its hot and warm wallets on September 24.
🔴 On-chain researchers first flagged $180M+ moving across multiple networks. Bitget later confirmed the estimated exposure at $351.6M.
⚠️ Current status:
• Withdrawals temporarily paused
• Trading & deposits remain operational
• Investigation is ongoing
• Attack vector has not yet been disclosed
🛡️ CEO Gracy Chen says Bitget’s $464M+ User Protection Fund is sufficient to cover the estimated loss, with customer balances remaining protected.
📑 Bitget says a full incident report and root-cause analysis are expected within 24 hours.
This is one to watch closely as more on-chain details emerge.
$ZEST $QNT $HBAR
A major security incident has hit Bitget, with unauthorized transfers detected from parts of its hot and warm wallets on September 24.
🔴 On-chain researchers first flagged $180M+ moving across multiple networks. Bitget later confirmed the estimated exposure at $351.6M.
⚠️ Current status:
• Withdrawals temporarily paused
• Trading & deposits remain operational
• Investigation is ongoing
• Attack vector has not yet been disclosed
🛡️ CEO Gracy Chen says Bitget’s $464M+ User Protection Fund is sufficient to cover the estimated loss, with customer balances remaining protected.
📑 Bitget says a full incident report and root-cause analysis are expected within 24 hours.
This is one to watch closely as more on-chain details emerge.
$ZEST $QNT $HBAR
