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Bybit CEO Offers Support After Bitget's $351.6 Million Security Breach

Bybit CEO Offers Support After Bitget's $351.6 Million Security Breach

First seen 25 Sep 2026, 23:26 UTC • •

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ThreatCluster AI
ThreatCluster •September 26, 2026 at 00:29 UTC
  • •Bitget lost $351.6 million due to a security breach on September 25, 2026.
  • •The attack exploited vulnerabilities in Bitget's systems, affecting many users.
  • •Bybit's CEO has offered assistance to help Bitget recover from the incident.

On September 25, 2026, Bitget reported a significant security incident resulting in a loss of $351.6 million. The breach was attributed to a sophisticated attack that exploited vulnerabilities in their systems, affecting numerous users and transactions. Bybit's CEO has publicly offered assistance to Bitget in recovering from the incident. The attack vector details remain unclear, but the financial impact is substantial, raising concerns about the security practices in the cryptocurrency exchange sector. As of now, Bitget is working to assess the full extent of the breach and implement measures to prevent future incidents.

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Timeline

2026-09-25
Bitget reports security incident
Bitget disclosed a security breach resulting in a loss of $351.6 million, affecting numerous users and transactions.
Tokenpost
2026-09-25
Bybit CEO offers help
The CEO of Bybit publicly offered support to Bitget following the significant security incident.
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