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Bitget resumes Bitcoin withdrawals as hacker swaps ETH via THORChain

24m ago•
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Bitget resumes Bitcoin withdrawals as hacker swaps ETH via THORChain

Ether withdrawals are scheduled to return Tuesday and USDt on Wednesday as Bitget restores services following last week’s $388 million hack.

Crypto exchange Bitget is resuming withdrawals after a security breach affecting nearly $388 million in assets, as the attacker continues moving stolen crypto through THORChain.

Bitget said it resumed Bitcoin (BTC) withdrawals Monday after suspending them following last week’s security incident, with additional assets and networks set to follow over the coming days.

The Sept. 24 breach compromised part of Bitget’s hot and warm wallet infrastructure, while its cold wallets remained secure, according to the exchange.

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24m ago•
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