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Bitget Exchange Suffers $183 Million Hack; User Funds Reported Safe

First seen 25 Sep 2026, 04:26 UTC • •69.0

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ThreatCluster •September 25, 2026 at 05:56 UTC

•Bitget Exchange lost over $183 million in a confirmed hack affecting hot wallets.
•User funds are reportedly safe and covered by Bitget's User Protection Fund.
•Bitget Wallet, operating independently, confirmed no impact on its systems or user assets.

On September 25, 2026, Bitget Exchange confirmed a hack that resulted in the theft of over $183 million from its hot wallets, while cold wallets remain secure. CEO Gracy Chen assured users that their funds are safe and that the loss is covered by the User Protection Fund, which holds over $464 million. The attack was flagged by on-chain analysts who noted unusual activity, with assets rapidly transferred to a newly created address. The exploit involved swapping USDT for ETH through decentralized exchanges like UniswapX and 1inch Fusion, indicating a quick response from the attacker. Bitget Wallet, a separate self-custody service, confirmed that its systems were unaffected and urged users to remain vigilant against phishing attempts. The exchange has since paused withdrawals while investigating the incident.

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Timeline

2026-09-25

Bitget confirms hack

Bitget Exchange announces a hack resulting in the loss of over $183 million from hot wallets, while cold wallets remain secure.

2026-09-25

Bitget Wallet reassures users

Bitget Wallet states that its systems were not affected by the exchange's security incident and user assets remain safe.

2026-09-25

Investigation initiated

Bitget Exchange pauses withdrawals to investigate the security incident following the unusual asset movements.

More articles in this cluster (4)

Threat Graph

8 entities, 9 inferred relationships (STIX 2.1).

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Technique (3)

Data Breach
Phishing
T1566 - Phishing

Organization (3)

Bitget
Bitget Exchange
Bitget Wallet

Affected Platform (2)

1inch Fusion
UniswapX

Relationships

Data Breach targets 1inch Fusion
Data Breach targets UniswapX
Phishing targets 1inch Fusion
Phishing targets UniswapX
T1566 - Phishing targets 1inch Fusion
T1566 - Phishing targets UniswapX
Data Breach related to Bitget
Data Breach related to Bitget Exchange
Data Breach related to Bitget Wallet

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