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Tag: Bitcoin Green

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Bitget ‘gradually back to usual’ as protection fund reaches $309M
Bitget CEO Gracy Chen said that a protection fund created by the company in 2022 “absorbed the financial impact of the incident“ that resulted in $388 million in user losses. Read full article
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After the Bitget Hack, Who Should Stop Stolen Crypto?
THORChain refuses to block funds from the $387.5 million breach, and the dispute shows where a freeze still works along a crypto route.Continue reading on The Capital » Read full article
15h ago
Medium.com
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Could THORChain face prosecution over stolen Bitget funds?
THORChain will not — or can not — block addresses linked to the $387.5 million Bitget hack. Can the devs be prosecuted for money laundering? It’s complicated, says crypto lawyer Yuriy Brisov. Read full article
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Bitget restarted its drained hot wallet on the same key. Within three days its USDT had moved out
What the chain shows from the drain to an empty balance: a withdrawal 17 times the day’s largest, 71 silent hours, then a new addressContinue reading on Coinmonks » Read full article
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Bitget restarted its drained hot wallet on the same key. Within three days its USDT had moved out
What the chain shows from the drain to an empty balance: a withdrawal 17 times the day’s largest, 71 silent hours, then a new addressContinue reading on Coinmonks » Read full article
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Bitget restarted its drained hot wallet on the same key. Within three days its USDT had moved out
What the chain shows from the drain to an empty balance: a withdrawal 17 times the day’s largest, 71 silent hours, then a new addressContinue reading on Medium » Read full article
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Bitget restarted its drained hot wallet on the same key. Within three days its USDT had moved out
What the chain shows from the drain to an empty balance: a withdrawal 17 times the day’s largest, 71 silent hours, then a new addressContinue reading on Medium » Read full article
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SlowMist traces Bitget hack activity to Aug. 31 zero-day exploit
SlowMist identified malicious activity weeks before the Bitget theft, involving a zero-day vulnerability, two security products and a custom withdrawal tool. Read full article
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Bitget Hackers Were Inside the Exchange for 25 Days Before $388M Heist
The attackers who drained roughly $388 million from Bitget first ran code inside a compromised server on Aug. 31, nearly four weeks before the theft, according to a Slowmist investigation released today. The Door Was Open Since August Bitget brought… Read full article
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The Bitget Breach and the Security Failures Behind Crypto’s 2026 Losses
At 18:31 UTC on September 24, Bitget’s security systems detected unauthorized transfers from some of its hot wallets. The exchange…Continue reading on Medium » Read full article
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Bitget’s $388 Million Hack: A Technical Post-Mortem and the Road Ahead
In one of the most significant security incidents in the cryptocurrency sector this year, centralized exchange Bitget suffered a massive…Continue reading on Medium » Read full article
1d ago
Medium.com
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Bitget CEO ‘not very optimistic’ on recovering funds from $388M breach
Gracy Chen said she saw the 2025 Bybit hack as a “good reference point” for Bitget’s security breach, noting that only a small percentage of funds had been frozen or recovered. Read full article
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NEAR Intents says it blocked $50M tied to Bitget hackers
The cross-chain protocol said it actively prevents stolen funds from being laundered, drawing a contrast with THORChain’s position that it does not selectively censor transactions. Read full article
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