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✉news BusinessCrypto first seen 12 h ago, last 1 h ago, peak #3

Bitget resumes Bitcoin withdrawals after $387.5 million breach

Original: Bitget resumes Bitcoin withdrawals after $387.5M malicious transfers

Crypto exchange Bitget has resumed Bitcoin withdrawals after halting them in response to roughly $387.5 million in malicious transfers from its platform. The company suspended withdrawals as a protective measure while it investigated the incident, and has now restored service for Bitcoin users. The episode has put renewed attention on exchange security and how quickly platforms respond to suspected attacks.

Why now: A major crypto exchange suffered a large-scale security incident and its response is being closely followed by traders and industry watchers.

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