Bitget resumes Bitcoin withdrawals as hacker swaps ETH via THORChain

Crypto exchange Bitget is resuming withdrawals after a security breach affecting nearly $388 million in assets, as the attacker continues moving stolen crypto through THORChain.

Bitget said it resumed Bitcoin (BTC) withdrawals Monday after suspending them following last week’s security incident, with additional assets and networks set to follow over the coming days.

The Sept. 24 breach compromised part of Bitget’s hot and warm wallet infrastructure, while its cold wallets remained secure, according to the exchange.

Bitget later revised the stolen amount from $351.6 million to $387.5 million after accounting for additional transfers on Zcash and Tron.

Ether and USDT withdrawals next as security checks progress

BTC withdrawals on the Bitcoin network and the BNB Smart Chain resumed first, Bitget CEO Gracy Chen said during a Monday ask-me-anything session.

“We restored BTC first because the withdrawal pipeline is the first to be completed,” Chen said, adding that Ether (ETH) and Tether’s USDt (USDT) would follow as security checks progress.

Related: Bitget clarifies $388M in assets affected by security breach

Under Bitget’s announced schedule, ETH withdrawals are set to resume Tuesday across Ethereum, BNB Smart Chain, Arbitrum, Base and Optimism, followed by USDT on Wednesday across Ethereum, BNB Smart Chain, Solana and Tron. Withdrawals for other assets and peer-to-peer services are scheduled to return Friday.