⚠️ Bitget Security Update - $388M Hack
On Sep 24, Bitget detected unauthorized transfers from hot wallets.
💰 Impact: $351.6M initially, updated to $387.5-388M (includes Zcash & TRON)
🪙 Assets: ETH, XRP, BNB, AVAX, USDT, USDC - XRP biggest ($157M)
🔍 Cause: Backend wallet system compromised, transaction spoofing
🛡️ Status: Vulnerability fixed, cold wallets safe, Mandiant & SlowMist investigating
Withdrawal Resume Schedule:
• Sep 28 08:00 UTC - BTC
• Sep 29 - ETH (ETH, BSC, Arbitrum, Base, Optimism)
• Sep 30 - USDT
• Oct 2 - All other tokens & fiat
User funds are SAFU, Protection Fund $464M+ will cover losses.
Always keep funds in cold wallet / diversify exchanges. Not financial advice.
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