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Wire · operational-macro

Crypto exchange Bitget loses USD 350 million in hack, pauses customer withdrawals

30 September 2026 · By · Wire by Fusion42

Published

30 September 2026

Topic

operational-macro

◆ Sectors

Crypto & Web3

◆ Source

Read at internationalfinance.com →

◆ Verified

Fusion42 · 30 September 2026 · Fusion42 review

Crypto exchange Bitget suffered a hack resulting in the loss of approximately USD 351.6 million, leading the company to suspend customer withdrawals temporarily. Despite the breach, Bitget has assured that all user funds remain safe and covered the loss using its own internal funds.

This Wire brief sits within Fusion42's coverage of Crypto & Web3.

◆ ◆ The Wire takeaway

Your crypto exchange now faces heightened scrutiny as Bitget’s hack shows customers expect fund safety even during breaches. Tighten your withdrawal controls and fund protections now or risk losing client trust.

◆ Coverage

1 source · 30 Sep 2026

◆ Related on Wire

◆ Topics

Crypto & Web3crypto-hackexchange-securityfund-safeguardwithdrawal-pause