Bitget Hit by $351.6M Hot-Wallet Attack Despite Nearly 3-Hour Transfer Window

PRICE MOVEBitget Hit by $351.6MHot-Wallet Attack DespiteNearly 3-Hour Transfer Window29IMPORTANCECLOSED2NEWS MEDIA2PIECESSep 25, 2026 01:52blockboard.net

Bitget said it detected unauthorized transfers from its hot and warm wallets on September 24, 2026, totaling about $351.6 million, and later said its protection fund can cover the losses. Withdrawals were suspended during a security review, while deposits and trading continued and cold wallets were described as secure.

What this rests on

Claim by claim, with its source
✓
At 18:31 UTC on September 24, 2026, Bitget detected unauthorized transfers from its hot and warm wallets totaling about $351.6 million.
✓
Bitget said its three-tier wallet setup kept cold wallets secure and that withdrawals were immediately suspended while deposits and trading continued.
✓
Bitget said user assets were unaffected after abnormal transfers from some hot wallets.
✓
Bitget said its protection fund can cover the $351.6 million loss from the attack.

What it means

Who it affects, what changes and what is still unconfirmed

Each sentence links inside to the piece that supports it.

Bitget users and traders are the main group noticing this now, because withdrawals were suspended while deposits and trading stayed open. The exchange also said user assets were unaffected, so the immediate effect is on access to withdrawals rather than on normal account balances.

Market reaction

BG Bitget Token the event is about this asset from 2 h before to 4 h after the line marks the first headline
published
-2.54 % before publication
+2.60 % after
$2price at publication
13series points

How the story was built

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Sep 24 00:00
The Crypto Guardian scoop
Breaks the event: $464M and $351.6M
+1 d 6 h
Sep 25 06:08
Crypto News Australia adds
Adds $501.5M, with quotes

Where this sits in the Bitget Token series

WhenWhat happenedFigure
19 days ago BGB a 2.08 $ high today it sits -8.2 % from there
today BGB a 1.9 $ low today it sits +0.5 % from there

From what we have stored, starting 22 days ago.