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Monday, September 28, 2026

Bitget Restores Bitcoin Withdrawals After $388M Hack

by marketdash
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Crypto exchange Bitget is resuming withdrawals after a security breach affecting nearly $388 million in assets, as the attacker continues moving stolen crypto through THORChain.

Bitget said it resumed Bitcoin (BTC) withdrawals Monday after suspending them following last week’s security incident, with additional assets and networks set to follow over the coming days.

The Sept. 24 breach compromised part of Bitget’s hot and warm wallet infrastructure, while its cold wallets remained secure, according to the exchange.

Bitget later revised the stolen amount from $351.6 million to $387.5 million after accounting for additional transfers on Zcash and Tron.

Ether and USDT withdrawals next as security checks progress

BTC withdrawals on the Bitcoin network and the BNB Smart Chain resumed first, Bitget CEO Gracy Chen said during a Monday ask-me-anything session.

“We restored BTC first because the withdrawal pipeline is the first to be…



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