Bitget after the hack: withdrawals are back and the Protection Fund is above $300 million

3 hours ago 3

Rommie Analytics

Six days after the attack on its hot wallets, Bitget is back with good news. Withdrawals for Bitcoin, Ether and USDT are running again, the customer Protection Fund is back above $300 million, and the new proof of reserves shows coverage above 100 percent for all 19 audited coins. According to the exchange, $231 million in deposits also came in within 24 hours.

We checked the figures against Bitget's own publications and show what applies to customers now and what comes next.

Withdrawals for Bitcoin, Ether and USDT are running again

Bitget paused withdrawals as a precaution after the incident on 24 September, while trading and deposits kept running throughout. Since 28 September the exchange has been reopening withdrawals in fixed steps, each at 8:00 UTC. The first three stages are done, so the three most widely held coins are flowing again.

DateCoinNetworksStatus
28 SeptemberBitcoin (BTC)Bitcoinlive
29 SeptemberEther (ETH)Ethereum, BSC, Arbitrum, Base, Optimismlive
30 SeptemberTether (USDT)Ethereum, BSC, Solana, Tronlive
2 Oct...
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