THORChain is facing a fresh dispute over its handling of stolen funds after Bitget and security researchers publicly asked the network to block addresses linked to the September 24 exploit. The argument has widened into a fight over whether a permissionless protocol can refuse known stolen assets without compromising the censorship resistance it claims to […]
Bitget says its security systems flagged unauthorized transfers from a portion of its hot wallets at 18:31 UTC on September 24, with roughly $351.6 million in assets affected. The exchange says every dollar of that loss falls under its User Protection Fund, so customers’ balances will stay intact even with withdrawals paused as it reviews […]
Binance, HashKey, and other crypto giants have pledged a combined HK$57 million ($7.3 million) in emergency aid following a fire that broke out in a residential tower in Hong Kong’s Tai Po earlier this week. The funds will be used to provide the district’s relief teams with essential support in the early stages of recovery. […]
A new report from Bitget has revealed that crypto adoption trends are shifting from speculation to spending. Based on an online survey of 4,599 participants from the Bitget Wallet community, the data showed that over 35% use it for daily transactions, gaming, and travel. A Global Shift The study shared with CryptoPotato had respondents outlining […]
Bitget reported abnormal trading activity in its VOXELUSDT perpetual futures market on April 20th, which prompted the crypto exchange to suspend several accounts and initiate a rollback of trades. According to an official announcement, the irregular activity occurred between 8:00 and 8:30 UTC and involved unusual price spikes and trading volume that far exceeded typical […]
Bitget revealed that its native wallet has surpassed 40 million users, representing a growth of over 100% since March 2024. This brought the platform closer to Binance, making it the second most downloaded crypto app in the world. In fact, Bitget Wallet recorded 6 million downloads in September alone. In a recent blog post, Bitget […]