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Bitget halts some user services after $388M hack, promises fund safety and support

Market News
17 Oct 2026
Tokenpost
View Source
Bearish
Bitget halts some user services after $388M hack, promises fund safety and support

Bitget experienced a security breach resulting in about $388 million in stolen assets, prompting the exchange to temporarily suspend withdrawals and implement a one-time service change for affected users. Affected users will receive instructions via email or app notifications on next steps and withdrawal options, while unaffected users can continue normal account use. Bitget assures that customer funds remain safe and that the exchange will continue operating, with support available for open orders and account issues. The company also warns users to beware of phishing and impersonation scams during this period.

Bitget's recent $388 million breach provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 17, 2026 19:21 WIB: out of 50 major cryptocurrencies, only 5 rose while 44 fell. LINK traded at Rp217,428 with a 1-day change of -4.03% and a typical hold time of 63 days, showing a strong 89% sell order activity. In contrast, VET was priced at Rp123, down 3.82% with a longer hold time of 148 days and a majority 66% buy order activity, while YFI stood at Rp40,845,273, down 3.57%, with a 93-day hold time and dominant 97% buy orders.

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