Topic Archive

#bitget

13 Stories Found

Coins•Oct 29, 2026

KuCoin Halts Services in Russia and Belarus as Sanctions Pressure Crypto Exchanges

Key Highlights KuCoin has moved to restrict operations in Russia and Belarus, ambiguously referencing “applicable legal and regulatory requirements” without citing specific European Union or United Kingdom mandates. The move follows prior restrictions by centralized exchanges MEXC and Bitget, amid escalating Western sanctions targeting third-party crypto firms and evasion networks. With domestic regulatory rollout timelines ...

4 min readRead

Coins•Oct 29, 2026

KuCoin Exits Russia and Belarus as Crypto Exchanges Pull Out of Western-Sanctioned Markets

Key Highlights: KuCoin has ceased all products and services for users located in Russia and Belarus with immediate effect. The trading platform attributed the sudden exit to general legal and regulatory compliance requirements. KuCoin joins competing exchanges MEXC and Bitget amid intensifying Western sanctions targeting crypto-based financial flows. Major cryptocurrency exchange KuCoin has officially terminated ...

3 min readRead

Coins•Oct 23, 2026

HTX Restricts Services for Russian Users, Joining Bitget and MEXC

Key Highlights: Cryptocurrency exchange HTX has officially added Russia to its list of restricted jurisdictions. The policy change limits access to trading and core platform services for users based in Russia. The move follows recent service discontinuations by competing crypto exchanges Bitget and MEXC in the Russian market. HTX Restricts Platform Access for Russian Users ...

2 min readRead

Coins•Oct 20, 2026

Crypto Hacks Surge 55% to $1.2B as Private Key Thefts Drop 30%

Key Highlights: Major September crypto security breaches at Bitget and the Liquid Network demonstrated distinct architectural breakdowns across instruction integrity, proof validation, and release mechanisms rather than direct private-key theft. Bitget suffered approximately $388 million in unauthorized transfers after attackers abused compromised privileged internal credentials to inject forged withdrawal instructions into otherwise secure custody environments. ...

5 min readRead

Coins•Oct 17, 2026

Bitget to Terminate Services for Select Users in One-Off Move

Key Highlights: Bitget fell victim to a massive $387.5 million hack on September 24, marking one of the largest security breaches recorded among centralized cryptocurrency exchanges. Exploiting a zero-day vulnerability in third-party security appliances, attackers drained assets across 11 blockchains, including approximately 103 million XRP. Despite the exchange restoring full operations and pledging compensation from ...

4 min readRead

Coins•Oct 12, 2026

THORChain Fees More Than Double Pre-Surge Levels Without Bitget Exploit Funds

Key Highlights: THORChain swap fees and revenue dropped 82% below the highs recorded during late September, when illicit flows linked to the Bitget security breach artificially drove up volume. Capital movements from the Bitget exploit accounted for approximately 57% to 63% of THORChain’s total September trading volume and protocol income. The network increased its active ...

5 min readRead

Coins•Oct 6, 2026

Bitget Wallet COO Says Self-Custody Must Make Crypto Asset Ownership Safer

Key Highlights Bitget Wallet Chief Operating Officer Kan emphasized that digital asset custody risk centers on “blast radius,” distinguishing the unaffected self-custodial service from centralized exchange pooled systems following Bitget’s revised $387.5 million security breach. European regulator ESMA is preparing a comprehensive crypto custodian resilience review spanning 2026 to 2027 to scrutinize key storage, operational ...

6 min readRead

Coins•Sep 27, 2026

Altcoin Refuses to Freeze Assets Stolen from Bitget

Key Highlights: Attackers from the Bitget security incident are moving stolen funds across chains using THORChain, according to SlowMist’s MistTrack platform. Bitget CEO Gracy Chen formally requested THORChain reject transactions from identified attacker addresses, arguing decentralization should not shield illicit fund flows. THORChain responded that its permissionless design mirrors Bitcoin and Ethereum, questioning how much ...

4 min readRead

Coins•Sep 26, 2026

Swiss Bank Shields Bitget Institutional Clients as Retail Funds Remain Frozen

Key Highlights Bitget confirmed a Sept. 24 wallet breach that transferred approximately $387.5 million in assets to attacker-controlled addresses, affecting hot and warm wallet layers while cold wallets remained secure. Sygnum Bank’s Protect service offers Bitget institutional clients an off-exchange custody route where pledged collateral—including Bitcoin, Ethereum, stablecoins, and U.S. Treasuries—is held in segregated, bankruptcy-remote ...

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Coins•Sep 24, 2026

Bitget Crypto Exchange Exploited for $351M as Hacker Swaps Stolen Funds for Ethereum

Key Highlights Crypto exchange Bitget confirmed a $351.6 million security breach involving multiple hot wallets Attackers moved stolen assets across chains and converted stablecoins into Ethereum through rapid transactions The breach represents one of the largest exchange hot wallet compromises in recent crypto history Bitget Confirms Major Hot Wallet Security Breach Cryptocurrency exchange Bitget has ...

2 min readRead

Coins•Sep 24, 2026

Bitget Freezes Withdrawals After $351.6M Hack

Key Highlights Bitget confirmed a $351.6 million exploit from its hot wallets on September 24, 2026, with on-chain data showing the first unauthorized transfer at 18:31:11 UTC and major outflows continuing for nearly three hours before the public notice. The attacker rapidly converted freezable stablecoins (USDT, USDC, Tether Gold) into ether via a router contract, ...

6 min readRead

Coins•Sep 24, 2026

Bitget CEO Confirms Hack, Reveals Massive Losses; Withdrawals Suspended

Key Highlights Cryptocurrency exchange Bitget detected unauthorized transfers from hot wallets totaling approximately $351.6 million on September 24, 2026, at 18:31 UTC. Cold wallets remain secure and the loss is fully covered by Bitget’s User Protection Fund, which holds over $464 million in assets. Withdrawals are temporarily suspended as a precaution; deposits and trading continue ...

4 min readRead