Security Update: Bitget has paused withdrawals following an unauthorized transfer incident from its hot wallets totaling roughly $351.6M.

CEO Gracy Chen clarified that cold storage assets remain safe and user losses will be fully covered by their $464M User Protection Fund.

Are you moving your active trading funds into private cold storage wallets during this market volatility, or do you leave them on exchanges? Let me know.

#Bitget #Crypto #Security #BinanceSquare