crypto users

Roughly $183 million reportedly disappeared from a Bitget exchange wallet, prompting fears among users that the crypto exchange has been hacked. Details on the cause remain unclear, and traders are watching for an official explanation from Bitget as concern spreads across the crypto community.

Crypto exchange Bitget has increased its estimate of losses from a recent hack to $387.5 million and announced a plan to restart user withdrawals. The revised figure makes it one of the larger crypto security incidents, and users are watching closely for details on when withdrawals will resume and how the exchange plans to cover the shortfall.

Fraudsters set up a counterfeit version of the GIWA network and convinced crypto users to bridge roughly $2 million into it, where the funds were effectively stolen. The scheme exploited trust in the GIWA name, catching victims who did not verify the bridge contract. Observers are warning users to double-check URLs and contract addresses before moving funds.

Three separate crypto projects were hacked in a single day, with total losses exceeding $11 million. The string of exploits, reported by Yahoo Finance, highlights the ongoing security problems in the digital asset industry and renews debate about the safety of decentralized finance platforms, with analysts urging stronger audits and better protection of user funds.

A reported breach at crypto exchange Bitget is rattling confidence in custodial platforms, according to a late-September 2026 report that also notes renewed attention on Zcash and privacy-focused cryptocurrencies. Details of the incident, including any losses or affected users, were not immediately available, but the episode is fueling fresh debate over exchange security and the appeal of privacy coins.