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Bitget exchange hacked for $351.6M; withdrawals frozen, but user funds protected by $464M fund.

Market News
24 Sep 2026
Bitcoin
View Source
Bearish
Bitget exchange hacked for $351.6M; withdrawals frozen, but user funds protected by $464M fund.

Bitget, a cryptocurrency exchange, suffered a major security breach on September 24, 2026, resulting in unauthorized transfers totaling approximately $351.6 million from its hot and warm wallets. The exchange immediately froze withdrawals and activated emergency protocols while confirming that its cold wallets remain secure. Bitget's $464 million User Protection Fund covers the entire loss, ensuring user account balances and assets are safe. An investigation is ongoing, with a full incident report and updates promised within 24 hours, while deposits and trading continue as normal.

Bitget's recent $351.6 million hack is notable context for cryptocurrency markets. For readers following major cryptocurrencies on Pluang, 45 of 50 assets rose while 4 fell as of Sep 25, 2026 04:21 WIB. Among movers, CRV gained 8.47% to Rp6.288, EOS rose 8.13% to Rp12.649, and CAKE increased 8.10% to Rp48.644.

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