Gracy Chen @Bitget on X: "Earlier 7 hours ago, I hosted a live stream with everyone that ...

X • September 25, 2026

Gracy Chen @Bitget @GracyBitget Earlier 7 hours ago, I hosted a live stream with everyone that lasted over three hours. Here's a summary of the points I covered in the live: ① Bitget security incident update — 1 hours in. We're sharing specific facts, not just reassurances. ② Affected assets include ETH, XRP (the largest single chain loss), BNB, AVAX, USDT, USDC, and several other altcoin. The incident spans multiple chains: Ethereum, XRP Ledger, Arbitrum, Avalanche, Optimism, BSC, and Base. Cold wallets across all chains have been confirmed secure and unaffected. ③ We have contacted foundations across all affected chains. A few have already frozen the hacker's wallet addresses. We are actively pursuing every available avenue and will provide updates as the situation develops. ④ Based on IP behavioral patterns and on-chain signatures, this attack is consistent with techniques used by DPRK-linked hacker groups. We have notified relevant authorities and are cooperating fully with them globally. ⑤ Bitget Wallet operates on completely separate infrastructure from Bitget Exchange. It was not affected by this incident. Bitget Wallet's funds are fully safe. ⑥ To be transparent our financial position: beyond the $464M+ Protection Fund — all held in publicly verifiable wallets — Bitget holds over $1 billion in its own assets. User funds are covered on a 1:1 basis. ⑦ Withdrawal restoration timeline: we are targeting a full resumption as soon as possible. We will announce the exact window as soon as it is confirmed. We will not commit to a timeline we cannot deliver. Bitget @bitget 10h Live Bitget Hot Wallet Incident on September 24, 2026 x.com/i/broadcasts/1… REPLAY Bitget @bitget Live Bitget Hot Wallet Incident on September 24, 2026 5:43 AM · Sep 25, 2026 · 35.9K Views 68

Kelvinher 🧙‍♂️,🧙‍♂️ @KHerlamban19631 3h The longer the withdrawal is closed, the more people will run away from bitget, please open the withdrawal as soon as possible 2

Zeeshan Abid @ZeeshanAbid982 3h This is why i continue to believe in Bitget Facts, transparency and action matter most during a situation like this I’m staying calm, trusting the process and standing with Bitget through this

Crypto T @CryptoCT01 3h Thank you, Gracy always transparent, we have trust in you and the exchange

The full story

This article is one source in a clustered incident — the cluster page carries the summary, timeline and every other outlet covering it.

Bitget Suffers $351.6 Million Hack Linked to North Korean Attackers On September 24, 2026, cryptocurrency exchange Bitget reported unauthorized transfers totaling approximately $351.6 million from its hot and warm wallets, attributed to suspected North Korean hackers. The breach was detected at 18:31 UTC and involved the compromise of a critical backend system, allowing attackers to spoof transaction data and trigger the exchange's authorization process. Bitget's cold wallets remained secure, and the incident is covered by its User Protection Fund, which holds over $464 million. CEO Gracy Chen indicated that the attack method aligns with known patterns of North Korean cyber operations. Withdrawals have been temporarily suspended while investigations are ongoing, and some blockchain foundations have already frozen the attackers' wallet addresses. The total loss estimate has since been revised to approximately $387.5 million as further assets were identified during on-chain tracing. 67 sources 78

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Gracy Chen @Bitget on X: "Earlier 7 hours ago, I hosted a live stream with everyone that ...

The full story

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Attack Types (1)

Companies (5)

Platforms (3)