Published reporting linked to Bitget, including regulation, security, products, markets and operations.
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Blockchain trackers report that stolen Bitget assets are being laundered via Tron and Bitcoin mixers, while stablecoin issuers have frozen only a fraction of the total loss.
Cryptocurrency exchange Bitget has replenished its emergency Protection Fund to over $300 million, fulfilling a pledge five days ahead of schedule following a September security breach.
Wallets linked to Bitget’s $387.5 million breach moved $3.9 million in Zcash into the Ironwood shielded pool, significantly hindering traceability.
Bitget reported a 131% overall reserve ratio across 19 assets in its first proof of reserves since a $388 million security incident, confirming full asset backing.
Bitget CEO Gracy Chen expressed pessimism about recovering the $388 million stolen in a recent breach, citing Bybit’s limited success.
Bitget revised its September 24 hack estimate to $387.5 million after reconciling assets on Zcash and TRON, while progressively restoring withdrawals for major cryptocurrencies.
Bitget resumed withdrawals for major assets and restored its Protection Fund to over $300 million six days after a hot wallet attack caused approximately $388 million in losses.
Blockchain security firm CertiK reported that crypto platforms lost approximately $766.4 million in September 2026, driven primarily by major exploits at Bitget and Blockstream's Liquid Network.
Hackers linked to the $387.5 million Bitget breach moved approximately $3.9 million in Zcash into a shielded pool, obscuring transaction details from public view.
Wallets linked to the Bitget hack transferred approximately $3.9 million in Zcash into a private shielded pool, significantly complicating traceability efforts by investigators.
Blockchain investigators traced stolen Bitget assets through CoW Protocol and Chainflip, revealing automated cross-chain swaps converting ETH, XRP, TRX, and BNB into Bitcoin.
Slowmist investigation reveals attackers compromised Bitget servers via zero-day vulnerability 25 days before draining $388 million from hot wallets.
Bitget resumed USDT withdrawals on September 30 following a record $463 million daily outflow, while its latest proof of reserves showed 131% asset coverage across 19 tokens.
Bitget CEO Gracy Chen expressed skepticism about recovering the $388 million stolen in a recent breach, citing the low recovery rate from the 2025 Bybit hack.
Bitget CEO Gracy Chen expressed skepticism about recovering the $387.5 million stolen in a recent security breach, citing limited results from similar past incidents.
Bitget resumed Ethereum withdrawals following a $387.5 million hack attributed to North Korean actors, with less than $503,000 of stolen funds frozen despite extensive laundering attempts.
Crypto exchange Bitget has resumed withdrawal services after a security breach compromised its hot and warm wallet infrastructure, confirming user funds remain secure.
Following the $388 million Bitget theft, NEAR Intents blocked over $50 million in illicit transfers while THORChain processed stolen funds, highlighting a strategic split in cross-chain security protocols.
Bitget recorded approximately $463 million in net outflows within 24 hours of restoring withdrawals following a $387.5 million security breach.
Bitget CEO Gracy Chen criticized THORChain for refusing to block hacker addresses after a $387.5 million breach, citing the protocol's prior 39-day network shutdown.