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Home›Crypto›Market Structure›Bitget restarts Bitcoin withdrawals after $387.5 milli…

Bitget restarts Bitcoin withdrawals after $387.5 million breach

ETH and USDT withdrawals are still paused, as CEO Gracy Chen said Bitget will refill its protection fund to above $300 million this week.

Reported · Written up by our desk · Market Structure

Crypto exchange Bitget reopened Bitcoin withdrawals after a reported breach totaling $387.5 million, according to The Defiant.

The outlet reports that ETH and USDT withdrawals remain paused despite the Bitcoin reopening.

The Defiant adds that Bitget CEO Gracy Chen pledged to replenish the exchange's protection fund to above $300 million this week.

Latest closeBitcoin $83,535.92 ▼1.1%|Ethereum $2,685.04 ▼0.1%

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Sources

The DefiantBitget Reopens Bitcoin Withdrawals After $387.5 Million Breach

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