
Bitget launches reward pool for users after security incident
Bitget has launched a four-week Alliance Program distributing 30% of eligible transaction fee revenue to users following a recent security incident.
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Bitget has launched a four-week Alliance Program distributing 30% of eligible transaction fee revenue to users following a recent security incident.

Crypto exchange Bitget recorded approximately $463 million in net customer outflows within 24 hours following a recent theft of $388 million.

NEAR Intents blocked over $50 million in attempted transfers linked to the recent $387.5 million Bitget security breach, while THORChain declined similar requests.

NEAR Intents halted over $50 million in stolen assets from Bitget's $387.5 million security breach, while THORChain refused to blacklist attacker wallets.

NEAR Intents refused over $50 million in attempted swaps from the Bitget hack, freezing $503,000 mid-execution while waiving its potential bounty share.

Hackers behind the Bitget exploit are swapping stolen Ethereum for Bitcoin through THORChain, while investigators track funds moving toward mixing services.

Bitget began restoring bitcoin withdrawals on September 28 following a September 24 security incident, implementing a phased recovery schedule for other assets.

Bitget resumed Bitcoin and BSC withdrawals on September 28 after a $388 million security breach, with ETH and USDT services set to reopen shortly.

Bitget CEO Gracy Chen revealed that two small unauthorized transfers bypassed risk controls before the exchange suffered a $388 million theft via a zero-day vulnerability.

Bitget resumed Bitcoin withdrawals four days after suspending them due to a $388 million theft caused by a zero-day vulnerability in an external security product.

Bitget resumed Bitcoin withdrawals on September 28 after identifying the attack path behind its $387.5 million security incident, which compromised a third-party security product.

Bitget revised its hack loss to $387.5 million after identifying additional stolen assets on Zcash and TRON, while resuming Bitcoin withdrawals.

A wallet linked to the Bitget hacker converted approximately $6.3 million in Ethereum to Bitcoin using THORChain, despite a public plea from Bitget CEO Gracy Chen to freeze the funds.

Bitget CEO Gracy Chen confirmed attackers exploited third-party vulnerabilities to bypass withdrawal controls, leading to a $387.5 million loss.

Bitget resumed Bitcoin withdrawals after a third-party security vulnerability led to an estimated $388 million theft, confirming that private keys and cold wallets remained uncompromised.
Bitget began restoring customer withdrawals in phases four days after a security breach resulted in the theft of approximately $387.5 million in assets.

Bitget has resumed Bitcoin withdrawals following a $387.5 million security breach, stating its Protection Fund will cover all financial losses for users.