bitgetdetailssecurityincidenttimeline

#bitgetdetailssecurityincidenttimeline
🚨 BREAKING: Bitget Releases Full Incident Timeline for $387.5M Exploit 🛡️
Crypto exchange Bitget has detailed the complete timeline regarding its recent security breach. While the initial loss estimate sat at $351.6M, on-chain tracing across additional chains (including Zcash and TRON) revised the final total to $387.5 Million.

Here is how the events unfolded and where things stand as phased withdrawals begin! ⏰

⏳ Detailed Incident Timeline
⏰ 18:31 UTC: Unauthorized transfers detected
🛑 Same day: Withdrawals temporarily suspended
🔍 Sept. 25: Attack path identified and vulnerability fixed
💰 $387.5M: Revised total affected amount
🛡️ Cold wallets: Not affected
🏦 Protection Fund: Over $464M
📅 Sept. 28: BTC withdrawals scheduled to begin returning in phases

🛡️ Why Platform Solvency Remains Intact
Operational LayerCurrent StatusImpact LevelCold Wallets100% Safe — Completely air-gapped from backend exploitZero Direct ExposureUser Balances100% Covered — Accounting balances remain accurateFully ProtectedProtection FundHolds $464M+, fully absorbing the $387.5M lossLoss Absorbed
💭 Market Sentiment: Trust Test Ahead
While Bitget CEO Gracy Chen confirmed the $464M Protection Fund comfortably covers all financial damages, the market remains divided:
$NVDA.US
The Bull Case for Trust: Bitget acted transparently, deployed a backstopped treasury fund, retained 100% solvency without liquidating user collateral, and kept trading pairs online.
$ZEC
The Cautionary View: Phased withdrawals often trigger temporary capital flight as risk-averse traders migrate assets to cold storage or competitor exchanges to wait out volatility.

🔥#KospiFalls2.7%SamsungSKHynixDropOver5% #BitgetWallet #crypto

#bitgetdetailssecurityincidenttimeline Bitget
Loses $351.6M in the Largest Crypto Hack of 2026

BITGET
confirmed that attackers drained ~$351.6M from its hot and warm wallets on September 24 in 19 transfers across Ethereum, XRP Ledger, Avalanche, BNB Chain and Arbitrum. The stolen assets include ETH, XRP, USDT, USDC, AVAX, and BNB, and $170M+ has already been swapped into ETH.

According to CEO Gracy Chen, no private keys were stolen. The attacker broke into a backend system in the wallet infrastructure, faked transaction data and got Bitget's own authorization process to approve the transfers.

It's the same pattern as Bybit last year: attackers go after the signing process instead of the keys. Bitget says it suspects North Korean hackers. For users: the $464M+ User Protection Fund covers the full loss, and Bitget has $1B+ in its own capital on top.$ALGO $SOXS $SOON

#bitgetdetailssecurityincidenttimeline
🚨
$387.5M gone — but that may NOT be the biggest story behind the Bitget incident.
The real test starts now.
After the security breach, Bitget moved quickly:
• Suspended withdrawals
• Identified and fixed the attack path
• Reported cold wallets as unaffected
• Used its protection fund to absorb losses
• Planned a phased return of BTC withdrawals
That sounds reassuring.
But crypto users don’t judge an exchange by what it says during a crisis.
They judge what happens next.
Can withdrawals return without more problems?
Will users keep their funds on the platform?
And most importantly…
Can Bitget rebuild trust after a loss this large?
Because losing funds damages a balance sheet.
Losing trust damages everything.
$BTC
#Bitget #Bitget #BTC #crypto #BİNANCE

#BitgetDetailsSecurityIncidentTimeline
Bitget reported a major security incident involving unauthorized transfers from its hot and warm wallets on September 24. The affected amount was updated to $387.5 million, though Bitget says cold wallets and user account balances were not impacted.

Withdrawals were paused, the vulnerability was reportedly fixed by September 25, and BTC withdrawals were planned to resume gradually from September 28. Bitget also says its Protection Fund exceeds $464 million and that external security firms are helping investigate.
$BTC

#bitgetdetailssecurityincidenttimeline Bitget hit by a $351.6M security
breach :

-
Bitget
says attackers made unauthorized transfers from parts of its hot and warm wallets on September 24.

- Onchain researchers initially spotted around $180M+ moving across multiple chains before
Bitget
confirmed the larger $351.6M figure.

- Bitget has paused withdrawals while investigating, Trading and deposits remain operational.

- CEO Gracy Chen says the company’s $464M+ User Protection Fund covers the estimated loss and that customer balances remain protected.

- The attack vector has not yet been disclosed, Bitget says a full incident report with the root cause is expected within 24 hours.$ZEST $QNT $HBAR

#bitgetdetailssecurityincidenttimeline
🚨 BITGET JUST REVEALED THE FULL SECURITY INCIDENT TIMELINE.
On September 24, Bitget detected unauthorized transfers from part of its hot and warm wallet infrastructure. The estimated affected amount was later revised from $351.6M to $387.5M after additional transactions were identified.
⏰ 18:31 UTC: Unauthorized transfers detected
🛑 Same day: Withdrawals temporarily suspended
🔍 Sept. 25: Attack path identified and vulnerability fixed
💰 $387.5M: Revised total affected amount
🛡️ Cold wallets: Not affected
🏦 Protection Fund: Over $464M
📅 Sept. 28: BTC withdrawals scheduled to begin returning in phases
Bitget says the incident is contained, user account balances remain unaffected, and Mandiant + SlowMist are assisting with the investigation.
🔥 Now the big question:
Will Bitget's phased withdrawal restart restore confidence — or will traders remain cautious? 👀
#Bitget #crypto #security

everyone thinks leaving coins on a cex is fine as long as they have an insurance fund but actually the timeline bitget just dropped shows that fund only matters after you already sat through a freeze.

you know that feeling. youre mid scalp on $SUI or waiting for $ONDO and you tell yourself youll pull the $USDT later, then the incident post hits and you cannot move a thing.

this is a real case study if you actually read the timeline. they mapped when the unusual activity got flagged, how long isolation took, and the gap before users even knew. that gap is the whole problem. not a total collapse. just a window where your funds are sitting there and completely useless.

ngl most of us treat exchange balances like a wallet we control. we do not. greed is sitting at 70 so nobody wants to self custody and miss the next leg, i get it ser. but the people who eat these incidents the worst are usually the ones who said they would move size after one more trade.

anyone else actually pulling funds off after reading that or are we all back to apeing by monday?

#BitgetDetailsSecurityIncidentTimeline #BitgetCEOConfirms #USDTAdds845900HoldersInPast7Days

Bitget has released details regarding a recent security incident, outlining a timeline of events. This transparency is crucial for rebuilding trust within the crypto community after such breaches. Understanding the sequence of events helps users and the wider market assess the exchange's response and security protocols. Such incidents often lead to increased scrutiny of exchange security measures and can impact user confidence and trading volumes on the affected platform. The market will be watching closely to see how Bitget addresses the fallout and reinforces its defenses.

Disclaimer: This content is for informational purposes only and does not constitute investment advice.

#BitgetDetailsSecurityIncidentTimeline

$MSFTB $NVDAB $AAPLB #QNTFallsOver40%FromMorningHigh #KospiFalls2.7%SamsungSKHynixDropOver5% #BitgetDetailsSecurityIncidentTimeline #UKFCAWinsCourtOrderToRecover851400Pounds
Bitget Greater China head Xie Jiayin outlined progress on vulnerability fixes and risk-control measures during a livestream reviewing the exchange's security incident. According to Foresight News, the company isolated affected systems, revoked internal credentials, tightened high-sensitivity permissions, and required multi-person approval for key operations.
Bitget also shared the vulnerability details with relevant third-party security vendors to help with analysis and remediation, and it stop

#bitgetdetailssecurityincidenttimeline Bitget Reopens BTC Withdrawals After September 24 Security Incident

Bitget said it has begun a phased resumption of withdrawals following the September 24 security incident, with BTC withdrawals on the Bitcoin network reopening at 08:00 UTC on September 28. The exchange said the vulnerability has been remediated, no further unauthorized transfers have been identified since containment, and user account balances remain unaffected. Bitget CEO Gracy Chen previously said the company would replenish the Protection Fund back to its $300 million baseline within a week.$AZTEC $ONE $SKDD

#BitgetDetailsSecurityIncidentTimeline
🚨 Bitget Security Incident: What Happened? 🔐💰

Sept. 24: Unauthorized crypto transfers reported.

🔓 Third-party security vulnerability allegedly enabled high-level internal access
💰 Initial loss: ~$351.6M
📊 Revised loss: ~$387.5–$388M
🛠️ Vulnerability patched & transfers stopped
❄️ Bitget says cold-wallet keys were not compromised
🛡️ Protection fund planned to cover losses

Sept. 28: 🚪 Withdrawals reportedly began reopening in phases, starting with BTC.

🇰🇵 Public reports have linked the activity to North Korea-associated actors, but attribution remains under investigation.

📌 Key lesson: Exchange security isn't only about private keys. Internal access controls, third-party systems, and transaction-approval workflows can also create major risks.

#Bitget #CryptoSecurity #Crypto #Bitcoin

#bitgetdetailssecurityincidenttimeline Bitget has confirmed that around $387.5M was transferred to attacker-controlled addresses during the Sept. 24 security incident
revised up from the initial $351.6M estimate.

BITGET exchange says
🛡️

• Cold wallets were unaffected
• The
incident
is contained
• Some affected assets have already been frozen
• Its User Protection Fund held $464M+ at the time of the incident
• A 5% recovery/freeze bounty has been launched$NMR $MARSCOIN $AIOT

#bitgetdetailssecurityincidenttimeline Bitget
CEO: $350M Hack Very Likely Linked to North Korea

On September 24,
Bitget detected unauthorized transfers from several hot wallets. Bitget CEO Gracie Chen @GracyBitget said the team identified IP addresses whose VPN usage patterns matched those associated with a specific DPRK-linked group, making a North Korea connection “very likely.” She added that the attackers did not obtain private keys for Bitget’s hot, warm or cold wallets, but instead breached the exchange’s internal system and transferred funds directly. Bitget has previously said its user protection fund exceeds $464 million, which it says is sufficient to cover the loss.$STAR $BRETT $ZHONGJI

#bitgetdetailssecurityincidenttimeline Bitget confirms a $351M security
breach

BITGTE says unauthorized transfers drained about $351.6M from a limited number of its hot wallets today, first detected at 18:31
UTC. The exchange says its cold wallets are untouched and user balances remain accurate.

Withdrawals are paused during a security review, while deposits and trading continue. Bitget says its User Protection Fund, which holds over $464M, covers the losses.$VVV $PTB $JCT

#BitgetDetailsSecurityIncidentTimeline

Yes. Bitget’s major security incident happened on September 24, 2026, and today, September 28, Bitget has started restoring withdrawals in phases.
Bitget security incident — timeline
Date / Time (UTC)
Event
Sep 24 — 18:31
Bitget detected unauthorized transfers from parts of its hot/warm wallet infrastructure across multiple networks.
Bitget +1
Sep 24
Withdrawals were suspended while Bitget contained the incident. Trading and deposits continued.
Bitget
Initial estimate
About $351.6M in assets affected.
Sep 25
Investigation identified the attack path and the vulnerability was remediated.
Bitget
Sep 25
After additional on-chain classification, the affected amount was revised to approximately $387.5M. This did not represent additional theft.
Bitget
Sep 26–27
Bitget conducted security validation with Mandiant and SlowMist and announced a phased withdrawal plan.
Bitget
Sep 28 — 08:00 UTC
BTC withdrawals resumed on the Bitcoin network.
Bitget +1
Sep 28 — today
Bitget says the incident remains contained and no further unauthorized transfers have been identified.
LinkedIn
What was actually compromised?
According to Bitget's latest explanation, the attacker exploited a vulnerability in a third-party security product, obtained high-level internal credentials, and used them to send fraudulent withdrawal commands that bypassed existing risk controls. Bitget says private keys were not compromised and cold wallets were not affected.
Bitget
Today's withdrawal schedule
🟢 Sep 28, 08:00 UTC: BTC — resumed
🟡 Sep 29, 08:00 UTC: ETH — Ethereum, BSC, Arbitrum, Base, Optimism
🟡 Sep 30, 08:00 UTC: USDT — Ethereum, BSC, Solana, Tron
🟡 Oct 2, 08:00 UTC: Other tokens, fiat withdrawals and P2P
Bitget
Important: Bitget says its User Protection Fund will cover the financial impact, and it currently reports that user account balances were unaffected.
Bitget +1
There are also reports today that the stolen funds are still being moved/swapped through THORChain, so the recovery/tracing operation is still active.

#bitgetdetailssecurityincidenttimeline

Bitget has released official $387.5M security timeline — Biggest CEX incident of 2026.

TIMELINE VERIFIED:

Sep 24, 18:31 UTC — Unauthorized transfers detected from hot & warm wallets. 19 txs flagged.

Sep 24, 21:30 UTC — Withdrawals paused. Initial loss $351.6M.

Sep 25 — Root cause found: Backend system compromised via third-party vulnerability. Attacker spoofed data, auth system signed fake txs. Private keys SAFE — Not stolen.

$387.5M Final — Revised after tracing ZEC + TRON chains. Cold wallets 100% SAFE.

Protection Fund: $464M+ — Will cover all losses. User funds SAFU.

Sep 28, 08:00 UTC — BTC withdrawals resume in phases, then ETH, USDT.

Affected: 103M $XRP (~$157M), $ETH $USDT $ZEC $TRX $BNB $AVAX $USDC.

Mandiant (Google) + SlowMist investigating. Early attribution to North Korea VPN patterns.

This was NOT a key leak — It was auth exploit. Market held strong because fund > hack. Bullish for CEX security confidence.

Will you keep trading on Bitget after this?

$BGB XRP $BTC ETH

#Bitget #BGB #XRP #BTC #crypto#BitgetDetailsSecurityIncidentTimeline

#bitgetdetailssecurityincidenttimeline
#bitgetdetailssecurityincidenttimeline
Hey everyone! 👋 Let's talk about the latest updates regarding the Bitget security incident timeline.

As many of you know, Bitget recently faced unauthorized transfers from its hot and warm wallets, with the final affected amount revised to $387.5M.

Here is a quick look at how things unfolded:

Sept. 24: Unauthorized transfers detected and withdrawals temporarily suspended 🛑

Sept. 25: Attack path identified and vulnerability successfully fixed 🔍

Sept. 28: BTC withdrawals started returning in phases 📅

The great news is that cold wallets were completely unaffected, and the $464M+ User Protection Fund fully covers the losses, meaning user account balances remain safe and secure! 🛡️

What are your thoughts on how they handled this? Are you feeling confident about the phased withdrawal restart, or are you staying cautious? Let’s chat in the comments! 👇
$BTC, $ZEC
, $HBAR

#Bitget #crypto #security

🚨 $388M Crypto Security Incident

A major security issue involving Bitget has raised concerns after nearly $388M worth of transferred assets came under scrutiny.

Bitget says the vulnerability has now been resolved, with additional unauthorized transfers reportedly no longer possible.

This incident once again highlights how important security and risk management are in the crypto industry. 🔐

$BTC $ETH $BNB
#QNTFallsOver40%FromMorningHigh #BitgetDetailsSecurityIncidentTimeline #FedProposesPaymentStablecoinRules #ChinaMayLetAlibabaByteDanceBuyNvidiaChips #SKoreaFSCConsidersVirtualAssetMarketMaker

#BitgetCEOConfirms$388MStolenInHack

🚨 Bitget CEO Confirms $388M Stolen in Major Hack: Protection Fund to Fully Cover Losses 🛡️💥

Bitget CEO Gracy Chen has officially clarified that the recent exchange exploit resulted in approximately $387.5 million to $388 million in stolen digital assets—up from initial lower estimates.

The breach occurred after attackers compromised a critical backend system and manipulated transaction data, tricking internal systems into approving unauthorized transfers across multiple blockchains (including XRP Ledger, TRON, and Zcash). Investigators have linked the IP patterns and on-chain signatures to DPRK-affiliated hacking groups.

📰 Key Takeaways & Official Response:
Full Fund Guarantee: Bitget confirmed that its $464M+ Protection Fund will fully absorb the loss, ensuring user account balances remain safe and backed 1:1.

Recovery Operations: Bitget is collaborating with law enforcement, on-chain analytics teams, and cross-chain protocols like THORChain to track and freeze exploited wallet addresses.

System Hardening: Backend signing modules are undergoing comprehensive security revamps to prevent future spoofing vulnerabilities.

📍#BitgetDetailsSecurityIncidentTimeline #BitgetToken

🚨 Bitget Got Hit! What Now? 🚨
#BitgetDetailsSecurityIncidentTimeline shows hackers used a third-party security flaw to fake withdrawal requests from hot wallets. No private keys leaked, but $388M went poof! 💸
What should traders do?
🧘‍♂️ Breathe.
📉 Don't panic-sell everything.
⏳ Wait for BTC/ETH withdrawals to fully reopen this week.
🔒 Double-check your own API keys.
⚠️ This is not financial advice!
Want a safer ride? Join Binance!
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#CryptoSecurity #bitgethack #Web3 #BinanceSquare #VINHTOCDO #TradingTips