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Bitget Customers Withdraw Over 4,000 Bitcoins in One Hour Following $388M Hack Bitget this week resumed customer withdrawals and within one hour, users had taken over 4,000 bitcoins off the exchange.
The SEC's actions highlight the growing need for vigilance against AI-related investment scams exploiting trust and social media platforms.
Two New York lawsuits allege investors were shown fictitious profits and pressed for more money when they tried to withdraw.
The CEO of Bitget, Gracy Chen, acknowledged that she is not optimistic about recovering the $388 million lost in the security breach recorded last week.
Apple released iOS 26.7.1 to fix a CoreGraphics flaw tied to targeted attacks. SlowMist says the iOS flaw could expose sensitive crypto wallet information. AAPL fell 2.04% to $331.48 as broader market pressure weighed on tech stocks.
Gracy Chen said she saw the 2025 Bybit hack as a “good reference point” for Bitget’s security breach, noting that only a small percentage of funds had been frozen or recovered.
Catch up on crypto news today, covering the Bitget hack, CoinMarketCap's Coinglass acquisition, and market moves shaping the industry.
THORChain is being asked to block stolen funds. Why isn’t the same demand being made of the blockchains carrying them? Bitget has every reason to pursue the people behind its recent hack and recover the money. The exchange now puts…
BlockTower Capital founder Ari Paul alleged Coinbase "lost" $25M of his company funds while covering up “massive and repeated hacks.”
The judge has told Pleterski he will raise objections on his behalf, to keep inadmissible evidence away from the jury.
NEAR Intents says attackers tried to move more than $50 million through it and it froze $503,000 mid-trade, days after THORChain refused Bitget's request to cut off the hacker's wallets.
Apple patched an exploited iPhone CoreGraphics flaw as SlowMist warned crypto users about recent attacks targeting sensitive wallet data.
Apple has patched a critical iPhone vulnerability that may already have been exploited in sophisticated attacks.
Binance’s BNB coin had quite a bullish year in 2025. The asset breached the $1000 mark for the…
The Bitget hack has entered a new phase, with attackers now chain-hopping stolen assets.
After the security incident on September 24, Bitget has started to resume the crypto withdrawals, and the withdrawals of the BTC network and BSC network are resumed on September 28.
A UC San Diego-led team impersonated a hardware security module without extracting its key.
Aiden Pleterski was allegedly behind a crypto Ponzi scheme between 2021 and 2022 that resulted in a kidnapping and related criminal charges.
Compromised keys from D’CENT crypto wallets allowed hackers to hack over $18M in XRP and reach Stellar, Ethereum, and other blockchains.
Chainlink's CCIP 2.0 lets banks run their own security checks on cross-chain transfers, five months after a rival's setup lost $292 million to hackers.
A wallet, associated with the Bitget hacker, has transferred approximately $6.3 million worth of ETH to BTC using THORChain.The wallet belonging to the Bitget hacker has transferred approximately $6.3 million worth of ETH to BTC through THORChain.
Bitget CEO Gracy Chen has provided a detailed account of the Sept. 24 security incident, explaining how an attacker obtained internal credentials and initiated about $388 million in unauthorized transfers.
The new software lets companies add custom security checks so they do not fall victim to the same type of vulnerabilities that plagued rival bridges.
ETH and USDT withdrawals remain paused, while CEO Gracy Chen pledges to replenish the protection fund above $300 million this week.
CoinDesk found 27 successful swaps moving about 2,390 ETH into 75.2 BTC, even as Bitget urged THORChain to stop serving addresses tied to the $387.5 million theft.
Ether withdrawals are scheduled to return Tuesday and USDt on Wednesday as Bitget restores services following last week’s $388 million hack.
Newsom signed several other bills, including one intended to set clearer rules for restitution when investors lose money in crypto scams.
DYORSWAP said it paid more than 200 ETH in compensation, while Upbit operator Dunamu’s GIWA warned that its mainnet had not launched.
The exchange said it has patched the vulnerability, and losses from the incident will be fully covered by a user protection fund.
An address flagged by Bitget completed an XRP-to-bitcoin swap after the request, while OKX’s Star Xu challenged THORChain’s comparison with Bitcoin.