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Home›Crypto›Market Structure›Bitget restarts phased crypto withdrawals after $388 m…

Bitget restarts phased crypto withdrawals after $388 million exploit

Reported · Written up by our desk · Market Structure

Bitget has begun a phased resumption of customer withdrawals after an earlier $388 million exploit, The Block reports.

The exchange said it has patched the underlying vulnerability and that losses tied to the incident will be fully covered by a user protection fund.

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Sources

The BlockBitget starts phased withdrawal resumption following $388 million exploit

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