www.bitget.com Bitget to Compensate Users After Hot Wallet Security Incident
Article Content
- •Bitget's protection fund holds 5,500 BTC, worth $464 million.
- •Users affected by the hot wallet incident can claim compensation.
- •The fund is publicly verifiable, ensuring transparency.
Bitget announced it will cover losses from a hot wallet security incident using its user protection fund, which currently holds 5,500 Bitcoin valued at approximately $464 million. The fund is designed to protect user assets from cybersecurity risks affecting the platform. Users affected by the incident can claim compensation, with specific eligibility criteria to be detailed later. The fund is publicly verifiable on-chain, ensuring transparency regarding its holdings. Bitget emphasized that the fund will be replenished after compensating users. The exact nature of the security incident and the number of affected users have not been disclosed.
Ask AI about this cluster
Answers cite the sources they use
Timeline
More articles in this cluster (2)
Following this threat?
Track Bitget in your own feed — you're alerted when they show up in new reporting, leak sites or exploitation.
Free account · no card needed
Continue Reading
Critical Zero-Day Vulnerability in F5 BIG-IP APM Exploited for Remote Code Execution F5 Networks has reported a critical vulnerability in its BIG-IP Access Policy Manager (APM), tracked as CVE-2026-94127, which is being actively exploited in the wild. The flaw allows unauthenticated attackers to execute remote code on systems configured with both an APM access policy and an OAuth profile. This… 
Massive Network of AI Proxy Servers Used for Malicious Activities Uncovered Security researchers from Team Cymru have identified over 10,000 proxy servers in China facilitating malicious AI activities. These servers, termed 'transfer stations,' are primarily used to bypass geographic restrictions and conduct model distillation attacks against frontier AI models. The infrastructure allows…