Bitget @bitget
World’s largest Universal Exchange (UEX) for Crypto, Stocks, Gold, Forex, and more | Partner of @MotoGP & @UntoldFestival | Support @BitgetSupport bitget.com Global Joined February 2019-
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Appreciate @near_intents / SHIELD for stepping up on the Bitget incident: flagged $50M+ in attempted laundering flows, froze $503k mid-execution, and waived their own bounty share so we can recover more. This is what permissionless but not "facilitating known stolen funds" should look like. A public chain doesn't have to choose between being open and excluding hackers, you can build the risk detection in and still let anyone use the chain. More protocols should take notes. We'll follow the appropriate legal and recovery process on our end. Thank you for showing up and this matters a lot, to Bitget and to our industry. @AlexAuroraDev @ilblackdragon @NEARProtocol
Get started here: partner.bitget.com/bg/Institution… Full details : bitget.com/support/articl…
As a thank-you for the continued trust and support of our institutional clients, Bitget is extending enhanced trading terms and tier protection for eligible PRO clients and Market Makers. From September 28, 10:00 AM (UTC) to October 30, at 09:00 AM (UTC), eligible PRO clients will receive a 20% discount on their applicable spot and futures taker fee rates. The adjusted rates will be applied automatically to eligible accounts during this period. During the same period, eligible Market Makers will receive a 20% increase in their applicable maker rebate rates for Futures Group A pairs. In addition, existing PRO tier protection can be extended through November 30, 2026. Eligible clients can provide documentation demonstrating that they meet the PRO1 tier requirements or above. We appreciate your partnership and remain committed to supporting your trading needs with clear and meaningful benefits. If any questions, feel free to reach out at: [email protected]
🚨 UPDATE: Bitget says 4,098 $BTC withdrawals have been processed, with user funds fully covered. CEO Gracy Chen confirms Protection Fund will be restored above $300M within a week.
Bitget CEO Gracy Chen Breaks Down $388M Hack x.com/i/broadcasts/1…
Participation eligibility may vary by region due to local restrictions and applicable legal or regulatory requirements. Join from Sep 28 - Oct 26, 08:00 AM (UTC) bitget.com/activity/bitge… Click for more details: bitget.cloud/support/articl…
In recognition of our community's continued trust and support, we're launching the Bitget Alliance Program to enhance the trading and asset experience on the platform. During the promotion period, Bitget will establish an exclusive user reward pool equivalent to 30% of the platform’s transaction fee revenue. Rewards will be distributed to eligible users based on their valid trading contributions and valid asset value. In addition, eligible VIP users will receive 30 days of VIP level protection, ensuring continued access to their existing VIP benefits while offering more tailored support across different user groups.
Quick recap from today's livestream: 1. Withdrawals BTC live on Bitcoin Mainnet & BSC — 9,585 orders, 4,098.036 BTC processed as of 17:00 UTC+8. ETH, USDT, others follow in phases starting tomorrow. 2. What happened Full trace-back complete. The attacker exploited vulnerabilities from third-party products to steal internal credentials, then used those credentials to send fraudulent withdrawal commands that bypassed our risk controls. Private keys were not compromised, and cold wallets were not affected. 3. Security measures taken -The incident has been contained. Affected systems were isolated and the vulnerability has been remediated. -Relevant servers were isolated to prevent further compromise and preserve forensic evidence. -Internal credentials were revoked and reissued, with access to highly sensitive systems restructured. -We notified the relevant third-party vendor, shared details of the vulnerability and disabled the affected functionality pending a fix. -Mandiant and SlowMist continue to support the independent forensic investigation and asset-tracing efforts. 4. Your funds 100% covered by the Bitget Protection Fund. No user impact. Fund will be topped back up to >$300M with our own capital within the week. 5. Bitget Project Stand Together We’re launching Project Stand Together for our retail, VIP and professional users, including a trading-fee reward pool and additional benefits and protections for eligible VIP, PRO and market-maker participants. Details can be found in the links below: Retail & VIP: bitget.com/support/articl… PRO & institutional: bitget.com/support/articl… This is our first security incident of this nature in eight years. We take it seriously, and our focus now is on recovery, stronger safeguards and transparency about what we learn. Thank you to our users and industry partners for standing with us.
Mandiant and SlowMist continue to support the investigation and on-chain tracing efforts. Bitget has also published the identified attacker addresses and relevant tracing data to support broader industry collaboration and asset recovery efforts. Bitget expects to complete an internal security report this week and will share further updates as findings are verified. We remain committed to transparency and will continue to provide material updates through our official channels as the investigation progresses. The September 24 incident is the first security incident of this nature affecting Bitget Exchange in eight years of operation.
Please note that BTC withdrawal on BSC Network is also now open. Earlier today, our CEO Gracy Chen addressed the incident and community inquiries during a live AMA. Watch the replay here: x.com/i/broadcasts/1… The investigation found that the attacker exploited a vulnerability in a third-party security product used by Bitget to obtain high-level internal credentials. The attacker then used these credentials to send fraudulent withdrawal commands to the wallet system, causing it to execute abnormal transfers that bypassed risk controls. Private keys were not compromised, and cold wallets were not affected. Bitget has identified the attack path, remediated the vulnerability and contained the incident. No further unauthorized transfers have been identified following containment.
Bitget has begun the phased resumption of withdrawals following the security incident identified on September 24, with BTC withdrawals on the Bitcoin network started at 08:00 UTC on September 28 as scheduled. The resumption follows additional security work across Bitget's withdrawal infrastructure. The vulnerability has been remediated and the incident remains contained, with no further unauthorized transfers identified following containment. User account balances remain unaffected.
The current withdrawal resumption schedule is as follows: > Sep 28, 8:00 (UTC): BTC (Bitcoin & BSC Network) > Sep 29, 8:00 (UTC): ETH (Ethereum, BSC, Arbitrum, Base, Optimism) > Sep 30, 8:00 (UTC): USDT (Ethereum, BSC, Solana, Tron) > Oct 2, 8:00 (UTC): Other Tokens / Fiat / P2P
Livestream tomorrow on Incident Report for Users 🎙️ We know this has been a difficult and worrying time for our community, and we want to make sure you have a space to hear directly from the team and get the latest information. September 28, 7:30 AM (UTC) 📍 Bitget X Live & Bitget Live Join us tomorrow with @GracyBitget and @xiejiayinBitget as we discuss the incident report, answer questions, and share the latest updates on withdrawals. We’re committed to keeping the community informed as we work through this together.
@Langerius The temporary withdrawal pause remains a security measure, will begin resuming withdrawals in orderly phases🫡 x.com/bitget/status/…
Bitget will begin resuming withdrawals in orderly phases following the security incident identified on September 24. The vulnerability involved in the incident has been identified and remediated. Bitget's security and technical teams have since been conducting additional
Our attacker addresses are publicly listed and actively tracked. We are formally asking @THORChain to refuse service to these addresses. Decentralization is a design principle, not a shield for facilitating known stolen funds. The industry is watching.
THORChain and Stolen Funds: The Industry Needs Answers After the $1.46B @Bybit_Official hack last year, nearly $1.2B in stolen funds was reportedly traced through @THORChain as the attackers moved assets across chains. Today, following another major security incident at @bitget
@WuBlockchain @GracyBitget We're Not Going Anywhere!🫡
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