Bitget suffered a $387.5 million hack on September 24, 2026, with attackers exploiting a zero-day vulnerability in third-party security software to drain hot and warm wallets across Ethereum, Tron, and the XRP Ledger networks. The exchange said users would be fully compensated through its User Protection Fund, exceeding $464 million, and withdrawals have been gradually resuming since September 28. NEAR Intents blocked over $50 million in laundering attempts through its SHIELD system, while some DeFi protocols refused to assist, drawing Bitget’s public criticism. Overall recovery stands at roughly 0.2% of stolen funds, with Tether and Circle freezing between $320,000 and $340,000 linked to the breach.
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