Confluence News

Bitget Hit by $351M Hack, Withdrawals Frozen

News-screening summary only. This is not investment advice and does not confirm market response.

Bitget suffered unauthorized transfers from hot and warm wallet infrastructure totaling ~$351.6M; withdrawals are frozen pending investigation.

Status
Active
Confirmation
Confirmed
Event type
OTHER_MATERIAL_EVENT
Market scope
MARKET
Direction
-1
Impact / urgency
3 / 3
Impact category
MATERIAL
Risk stance
RISK OFF
Promotion
CONTEXT · 54/100
Promotion reason
Authority-weighted assessment across 3 linked sources.
Duration class
SHORT
Assets
None listed
Sectors
CRYPTO, FINANCIAL_SERVICES
First detected
Impact started
Scheduled for
Not published
Occurred at

Sources

Bitget Hit by $351M Hack, Withdrawals Frozen as Probe Begins

Bitcoin.com News · ESTABLISHED_MEDIA · Best available

Bitget confirms $351M security breach, suspends withdrawals

Cointelegraph — RSS · ESTABLISHED_MEDIA · Update

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

Bitcoin Magazine · ESTABLISHED_MEDIA · Update