Browsing: Bitget

Bitget has announced plans to close selected cryptocurrency accounts following an October 16 update to its terms of use that lists Russia, Belarus and Kazakhstan among countries where customers cannot access its services. Bitget announced account closures for selected customers following changes to its October 16 terms of use. Russia and Belarus now appear alongside…

NEAR Intents blocked more than $50 million in attempted transfers associated with the Bitget hack, while its security system froze about $503,000 during the execution of suspicious swaps, according to a Monday post by NEAR Intents General Manager Alex Shevchenko.

Bitget has reopened Bitcoin withdrawals on the Bitcoin network after a hack moved approximately USD 387.5 million to attacker-controlled addresses and forced the exchange to suspend withdrawals on September 24. Bitcoin withdrawals resumed at 08:00 UTC September 28, four days after Bitget suspended customer withdrawals. Bitget says attackers exploited a third-party security product to obtain…

Bitget has published a substantial update on this week’s security breach, increasing the confirmed amount transferred to attacker-controlled wallets and laying out a timetable for restoring withdrawals.

The first statement regarding the security incident at Bitget has come from an exchange representative. According to the representative, the wallets affected by the attack are now under control.

Bitcoin Magazine Nearly $352M Moved From Crypto Exchange Bitget Wallets in Suspected Hack