Bitget Protection Fund Update 📢
Bitget has replenished its User Protection Fund, restoring it to over $300 million.
The Protection Fund is an additional safeguard for user assets, funded by Bitget's own capital.
-Bitget Protection Fund back to >$300M as we promised. https://t.co/GeX9tc0ASQ
-PoR is 131% per yesterday's update https://t.co/2xs4e09Ro6
-Withdrawal resumed for BTC, ETH, and USDT already, will open up everything else on Friday.
The business is gradually back to usual. Thank you for all of your support!
Appreciate @near_intents / SHIELD for stepping up on the Bitget incident: flagged $50M+ in attempted laundering flows, froze $503k mid-execution, and waived their own bounty share so we can recover more.
This is what permissionless but not "facilitating known stolen funds" should look like. A public chain doesn't have to choose between being open and excluding hackers, you can build the risk detection in and still let anyone use the chain. More protocols should take notes.
We'll follow the appropriate legal and recovery process on our end. Thank you for showing up and this matters a lot, to Bitget and to our industry.
@AlexAuroraDev@ilblackdragon@NEARProtocol
Quick recap from today's livestream:
1. Withdrawals
BTC live on Bitcoin Mainnet & BSC — 9,585 orders, 4,098.036 BTC processed as of 17:00 UTC+8. ETH, USDT, others follow in phases starting tomorrow.
2. What happened
Full trace-back complete. The attacker exploited vulnerabilities from third-party products to steal internal credentials, then used those credentials to send fraudulent withdrawal commands that bypassed our risk controls. Private keys were not compromised, and cold wallets were not affected.
3. Security measures taken
-The incident has been contained. Affected systems were isolated and the vulnerability has been remediated.
-Relevant servers were isolated to prevent further compromise and preserve forensic evidence.
-Internal credentials were revoked and reissued, with access to highly sensitive systems restructured.
-We notified the relevant third-party vendor, shared details of the vulnerability and disabled the affected functionality pending a fix.
-Mandiant and SlowMist continue to support the independent forensic investigation and asset-tracing efforts.
4. Your funds
100% covered by the Bitget Protection Fund. No user impact. Fund will be topped back up to >$300M with our own capital within the week.
5. Bitget Project Stand Together
We’re launching Project Stand Together for our retail, VIP and professional users, including a trading-fee reward pool and additional benefits and protections for eligible VIP, PRO and market-maker participants. Details can be found in the links below:
Retail & VIP: https://t.co/jqkrGDKMPT
PRO & institutional: https://t.co/LmbnQm6v8z
This is our first security incident of this nature in eight years. We take it seriously, and our focus now is on recovery, stronger safeguards and transparency about what we learn. Thank you to our users and industry partners for standing with us.
when thorchain got drained in 2021, the network halted within hours. when thorfi went underwater in jan 2025, nodes voted to freeze withdrawals overnight.
"decentralized and permissionless" seems to apply only when it's other people's money.
a sanctioned state already used you to move over $1b from bybit. at some point regulators won't care what you call yourself.
Bybit team is standby to help in any ways that we can. Bitget helped us when we had the hack.
we are updating https://t.co/qbieK9k1lK to help Bitget to capture and trace the stolen fund movement.
When things get uncertain, facts matter more than FUD. 💙
As a Bitget user, i am staying calm and following the official updates.
@bitget Protection Fund is there for situations like this, with its reserves publicly verifiable on-chain. I understand users have concerns, but for now, i had rather stay informed and wait for clear updates.
Also good to see support from CEOs across Bybit, Binance, MEXC, CoinDCX and BingX. 🤝 Industry unity matters, especially during moments like this.
We stand with Bitget. 💙
🥳Land of Prosperity - Closed Beta Whitelist Giveaway! ⚡️The game will be available on November 18 at 07:00 AM UTС⚡️
🔥 Land of Prosperity is an innovative Play-to-Own strategy game where players truly own evolving NFTs with real in-game utility, every Land Block is both your asset and your canvas - build, expand, and shape your own thriving empire.
🎉Closed Beta WL Giveaway! We’re giving rewards to 20 lucky winners.
🎁 Whitelist member will:
- Free Mint of an Uncommon / Rare Land Block NFT (BNB Chain Testnet)
- Early Access to experience LOP before the public How to Join
✅Like & Repost
✅Follow: : @LOP_play@OrochiNetwork @xCrypto_Loser
✅In the comment tag 2 friends and drop wallet
✅Join Discords:
LOP: https://t.co/PUgFcuLXyx
Orochi Network: https://t.co/rIWgS2J9DT
🕓 The campaign ends on November 17 at 22:00 UTC.
🏆 Winners Announced: Nov 18
💎 Chainers + @Immutable = Web3 Rebirth 💎
Play. Earn. Own.
We’re absolutely THRILLED to announce 📣 the integration of Chainers with Immutable, revolutionizing how our players engage with our product!
🚀 Double Rewards Are Here 🚀
➡️ FIRST QUESTS are LIVE📍TODAY! Claim your GEMS + $CFB right here — https://t.co/Zd96X9BGr6
Here’s what this integration unlocks 👇
💎 Double Rewards → Earn $CFB in Chainers + Immutable Gems
⚡ Faster gameplay → Instant L2 transactions and rewards
🔑 Easy login → Immutable Passport (just email, no wallets)
🌐 Cross-game value → Your rewards usable across multiple titles
What Lies Ahead:
💸 Seamless, fee-free transactions.
🚪 Effortless entry using Immutable Passport.
🎉 Unique branded Chainers NFT launch.
🗺️ Brand new quests, in Immutable Play and Chainers, energized by Immutable incentives. (Coming very SOON!)
🤔Have questions? Check it out 👉 https://t.co/xKODFOnTmJ
Don't miss out on twice as many goodies!
RavenIdle Season 1 Global Release Announcement & Newly added $10,000 Referral Leaderboard! 🎉
The moment you have all been waiting for is finally here.
After a successful stress test and a complete backend rebuild, we are thrilled to share the very much anticipated launch announcement for RavenIdle Season 1!
The Official Global Release of RavenIdle Season 1:
Saturday, October 11, 2025✨
Less than 19 days until your next Idle Adventure begins!
Learn more about what's coming in the thread below. 👇