Skip to content
Back to Guavy Wire
Crypto

Bitget Resumes Withdrawals After Record-Breaking $388 Million Hack

Share

The Bitget exchange has begun resuming withdrawals after a massive $388 million hack. The breach, which was one of the largest exchange security breaches in recent crypto history, forced the exchange to halt user funds.

According to WatcherGuru, the announcement that withdrawals were being resumed came on September 28, 2026. This suggests that Bitget's internal security response has reached a stage where the exchange considers outbound transactions safe to process again.

The scale of the incident is a reminder that centralized exchange risk remains a live concern in this cycle. Users should verify their individual account status directly through Bitget's official channels before initiating withdrawals, as no official post-mortem from Bitget detailing the exploit mechanism or affected assets has been confirmed at the time of publication.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc