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- 1$183 million vanishes from Bitget exchange wallet●$183M vanishes from Bitget exchange wallet as users fear potential hack
Around $183 million in cryptocurrency disappeared from wallets linked to the Bitget exchange, prompting alarm among users who fear the funds were stolen in a hack. Trading communities are closely watching the exchange's response as speculation spreads about whether the movement was an attack, a security lapse, or an internal transfer.
- 2Bitget Resumes Bitcoin Withdrawals After $387.5m Breach●Bitget Restarts Bitcoin Withdrawals Following $387.5m Wallet Breach
Crypto exchange Bitget has resumed Bitcoin withdrawals after a wallet breach estimated at $387.5 million. The company moved quickly to restore normal service, telling users their assets remain backed and that it is investigating the incident. The episode has renewed debate over exchange security and whether platforms hold enough reserves to absorb losses without affecting customers.
- 3
Fortune argues that cryptocurrency, once a rebellious outsider movement of hackers and free-market idealists, has become institutionalized, with major exchanges, stablecoin issuers and lobbying groups now operating like established financial powers aligned with regulators and governments. The piece asks what happens next for an industry that has traded its pirate roots for mainstream power, and what that shift means for its original ethos and users.