Bitget restores $300M fund after absorbing $388M security breach

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Bitget announced on September 30 that it had restored its Protection Fund above $300 million after absorbing the financial impact of the September 24 security breach. The fund covered approximately $388 million of the incident’s impact, while customer balances remained accurate and unaffected. The exchange fulfilled its September 28 pledge to restore the fund to at least $300 million within a week, completing the replenishment two days ahead of schedule. USDT withdrawals are now open on four networks (Ethereum, BSC, Solana, and Tron), with remaining crypto, fiat, and peer-to-peer services targeted for October 2.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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