Bitget Restores BTC, ETH and USDT Withdrawals After $387M Hack

Bitget has restored withdrawals for Bitcoin (BTC), Ether (ETH), and the stablecoin USDT following a reported security incident. The exchange said the three assets, which are among the most-traded on the platform, are available for withdrawal again after the hack was reported to have caused losses of around $387 million.

Withdrawals for BTC, ETH, and USDT Are Back Online

Bitget confirmed the restoration of withdrawal services for BTC, ETH, and USDT through its official security incident page. The three assets cover Bitcoin, Ethereum, and Tether's dollar-pegged stablecoin, which together represent a large share of typical exchange activity. For related coverage, see Bitget Restores Bitcoin Withdrawals After Sept. 24 Incident.

It is important to note that the restoration applies specifically to withdrawals of these three assets. The current status of deposits, trading, or withdrawals for other tokens on Bitget has not been confirmed in the available information. Users with other assets should check Bitget's official notices directly for the latest service status. For related coverage, see How the First Major AI Hack Targeted Bitcoin Users.

This follows an earlier update in which Bitget resumed BTC withdrawals after the reported hack. The restoration of ETH and USDT withdrawals represents a broader resumption of core withdrawal services. For related coverage, see CRYPTOCON SYDNEY RETURNS TO ICC SYDNEY WITH FREE GENERAL ADMISSION FOR 2026.

What the Reported $387 Million Hack Means for Users

According to reporting from Yahoo Finance, losses from the Bitget security incident climbed to approximately $387 million. This figure should be treated as reported, not officially confirmed, since no independent on-chain verification has been provided in the available evidence.

A $387 million figure, if accurate, would make this one of the larger exchange security incidents in recent memory. However, no details about which assets were taken, how the breach occurred, or whether user funds will be reimbursed have been confirmed in the available information.

Bitget previously disabled XRP withdrawals in a separate but related development, as stolen XRP moved through tracked accounts. The status of XRP and other assets beyond BTC, ETH, and USDT remains unclear based on current reporting.

Key Takeaways

• Bitget has restored withdrawals for BTC, ETH, and USDT following a reported security incident.
• The hack has been reported to have caused losses of around $387 million, though this figure is based on reports and has not been independently verified.
• The restoration covers these three assets specifically. Other platform services may still be affected.
• Users should monitor Bitget's security incident page for updates on their specific assets and any compensation details.

If you hold funds on Bitget, the practical step right now is to check the exchange's official announcements for your specific assets before attempting any transactions. Withdrawal availability for BTC, ETH, and USDT is confirmed; everything else should be verified directly.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.