Bitget Resumes Bitcoin Withdrawals After Security Incident

Bitget, a cryptocurrency exchange, is resuming withdrawal services after a security incident forced it to freeze withdrawals on September 24. The first phase of the withdrawal resumption started at 08:00 UTC on September 28 with Bitcoin (BTC) withdrawals.

The exchange has mapped out a four-stage return of withdrawals, with each stage covering different types of assets and services. On September 29, Ethereum (ETH) and USDT withdrawals will resume, followed by fiat currency services and remaining tokens on October 2.

Bitget's technical team has fixed the vulnerabilities tied to the incident and is running further security checks before letting each withdrawal channel come back online. The exchange is working with outside cybersecurity firms Mandiant and SlowMist to investigate the breach.