Bitget Lost $388m but Its Protection Fund Covers All of It
Bitget lost $388 million on the evening of 24 September. Its user protection fund is absorbing all of it, and withdrawals are reopening in stages. The exchange’s private keys were never compr
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AnonymousCryptoCompass newsroom
September 28, 2026
1 min read
NEWS
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Bitget lost $388 million on the evening of 24 September. Its user protection fund is absorbing all of it, and withdrawals are reopening in stages.
The exchange’s private keys were never compromised. The attacker held valid administrator credentials instead.
Zcash costs around $1,464 on the evening of September 28, 2026, 8.5 percent less than 24 hours earlier. There is no trigger in the project: no upgrade was postponed, no exchange halted tradin
The move came after THORChain reportedly declined a request to freeze the funds The individual or group behind a $350 million hack of crypto exchange Bitget has moved a portion of the stolen
A new state law targets public officials who issue crypto tokens, though enforcement over secondary market trading remains uncertain. California has enacted legislation restricting public off