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      Bitget Halts Withdrawals Following $351.6 Million Hot Wallet Breach

      Cryptocurrency exchange Bitget has announced the suspension of withdrawals after a breach affecting its hot wallet, with an estimated $351.6 million compromised. The exchange reassured users that its cold wallets remained secure and unaffected by the incident.

      Bitget stated that the breach will be covered by its user protection fund, which currently holds over $464 million. The company aims to ensure that users are protected despite the significant loss from the hot wallet breach.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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