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Bitget Confirms $351.6M Hot Wallet Hack Touching Ethereum (ETH)

COINOTAG·September 25, 2026·1 min read
Bitget Confirms $351.6M Hot Wallet Hack Touching Ethereum (ETH)

Bitget confirmed a $351.6M hot wallet hack touching Ethereum and stablecoins. Private keys were not leaked; the $464M protection fund covers all losses. The exchange said user funds are safe and operations continue normally. The incident highlights ongoing security risks in centralized crypto platforms, with the protection fund absorbing the impact of the breach.

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