Crypto

Bitget Resumes BTC Withdrawals After Hacker Exploits THORChain Vulnerability

Guavy AI Editorial Team Published September 28, 2026

Instruments

BTC ETH RUNE

Bitget has resumed Bitcoin (BTC) withdrawals after temporarily halting them due to a security incident. The exchange was forced to suspend withdrawals on January 2nd, citing a hacker's ability to withdraw Ethereum (ETH) via THORChain. Bitget assured users that the halt was only for 'maintenance' and aimed at preventing any further losses.

According to reports, the hacker exploited a vulnerability in THORChain, an interchain liquidity protocol, to drain funds from several wallets connected to Bitget. Although no specific amounts were disclosed, it's clear that this incident has put a strain on the exchange.

The resumption of withdrawals marks a positive development for users affected by the outage. However, concerns remain about the security measures in place to prevent similar incidents in the future.

Bitget Resumes BTC Withdrawals After Hacker Exploits THORChain Vulnerability

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