Bitget resumes Bitcoin withdrawals as hacker swaps ETH via THORChain
📰 Key Takeaways:
• Bitget has resumed Bitcoin withdrawals after a $388 million hack, with Ether withdrawals slated to return on Tuesday and USDt on Wednesday.
• The incident underscores the heightened security risks for centralized exchanges and may prompt tighter regulatory scrutiny on exchange safeguards.
• The temporary withdrawal halt and subsequent restoration could influence liquidity flows and trader confidence across the crypto ecosystem.
💡 Market Impact:
The brief withdrawal freeze temporarily tightened liquidity, but the swift restoration has helped stabilize sentiment, with Bitcoin and ETH prices showing resilience amid the incident.
🔥 24H Top Futures Gainers:
• $QNT (+48.0%) — Price: 242.80
• $HBAR (+22.6%) — Price: 0.1161
• $GRT (+14.2%) — Price: 0.0316
#CryptoNews #BinanceFutures #MarketMovers
📰 Key Takeaways:
• Bitget has resumed Bitcoin withdrawals after a $388 million hack, with Ether withdrawals slated to return on Tuesday and USDt on Wednesday.
• The incident underscores the heightened security risks for centralized exchanges and may prompt tighter regulatory scrutiny on exchange safeguards.
• The temporary withdrawal halt and subsequent restoration could influence liquidity flows and trader confidence across the crypto ecosystem.
💡 Market Impact:
The brief withdrawal freeze temporarily tightened liquidity, but the swift restoration has helped stabilize sentiment, with Bitcoin and ETH prices showing resilience amid the incident.
🔥 24H Top Futures Gainers:
• $QNT (+48.0%) — Price: 242.80
• $HBAR (+22.6%) — Price: 0.1161
• $GRT (+14.2%) — Price: 0.0316
#CryptoNews #BinanceFutures #MarketMovers
