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Hacks & Security Unverified

Bitget begins phased withdrawal resumption after $388 million exploit

The Block reports that Bitget has started a phased resumption of withdrawals following a $388 million exploit, saying the vulnerability was patched and losses will be covered by a user protection fund.

Why “Unverified”

  • Reported by The Block alone, with no second source or primary confirmation yet

1 independent source groups across 1 posts · evidence score 60/100. How labels work

What the sources claim

  1. Bitget has started a phased resumption of withdrawals following a $388 million exploit.

    “Bitget starts phased withdrawal resumption following $388 million exploit”
    The Block
  2. Bitget said it has patched the vulnerability.

    “The exchange said it has patched the vulnerability”
    The Block
  3. Losses from the incident will be fully covered by a user protection fund.

    “losses from the incident will be fully covered by a user protection fund”
    The Block

Sources

Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-09-29 18:20 UTC. Labels are computed from the sources, not by the model.