✉news BusinessCrypto first seen 4 h ago, last 33 min ago, peak #28
Bitget Resumes Bitcoin Withdrawals After $387.5m Breach
Original: 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.
Why now: A major exchange halting and then restoring withdrawals after a large theft raises concerns about crypto platform security.
Rank over time, top of the chart is #1. 2 snapshots from 4 h ago to 33 min ago.
Evidence
- Bitget Restarts Bitcoin Withdrawals Following $387.5m Wallet Breach · Infosecurity Magazine
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