Sep 30, 2026
THORChain declined Bitget's formal request to block addresses linked to the $387.5 million hack, stating it 'doesn't censor by design' and comparing itself to Bitcoin's permissionless nature, while approximately $6 million in stolen funds moved through the protocol.
Circle and Tether froze a wallet holding approximately $318,000 in stablecoins following a massive $351.6 million hack of cryptocurrency exchange Bitget on Thursday. The freeze covers only a small fraction of the total stolen funds.
Crypto exchange Bitget confirmed unauthorized transfers affecting approximately $351.6 million in assets from hot wallets on September 24, temporarily suspending withdrawals across all assets while investigating the security breach.
Cryptocurrency exchange Bitget has signed a cooperation agreement with Bhutan's Gelephu Mindfulness City Authority to establish a local presence and pursue a financial services license under the city's virtual assets framework. The move positions Bitget in Bhutan's emerging crypto-friendly special economic zone.
Cryptocurrency exchange Bitget announced it will terminate services for Japan residents by the end of 2026 after receiving a warning from Japan's Financial Services Agency for operating without proper registration. New user registrations will cease from August 3, 2026, with phased service restrictions to follow.
Cryptocurrency exchange Bitget is preparing to enter the U.S. market through a regulated entity, with CEO Gracy Chen stating the expansion will proceed whether or not Congress passes the pending CLARITY Act. The Seychelles-registered exchange plans to seek necessary money-transmitter, derivatives, and broker-dealer licenses.
Bitget has announced two major initiatives in June 2026: a World Cup prediction market partnership with Polymarket through Bitget Wallet reaching 90 million users, and its annual Anti-Scam Month security campaign aimed at combating $442 billion in annual multi-asset fraud losses.
RaveDAO's RAVE token crashed from $27.33 to $1.15 on April 19, wiping out over $5 billion in market cap after surging 4,500%. Binance and Bitget opened investigations into suspected pump-and-dump activity, while blockchain investigator ZachXBT offered a $25,000 whistleblower bounty.
Web3 investigator ZachXBT flagged RAVE token as a potential pump-and-dump scheme after it surged over 4,500% with nearly 90% of supply concentrated in three wallets. Binance and Bitget have committed to investigating the token's suspicious price movement.