How much does Bitget estimate was lost in the crypto hack?

Bitget has raised its estimate of losses from the hack to $387.5 million.

Are Bitget withdrawals available again after the hack?

Yes. The excerpt says withdrawals are resuming following the incident.

What caused the Bitget hack?

The information provided does not state what caused the hack or identify the affected assets.

Bitget Raises Crypto Hack Estimate to $387.5M as Withdrawals Resume

Summarize this article with:

Bitget revises its September 24 hack estimate to $387.5 million in affected assets. The increase does not mean that an additional $35.9 million was stolen. Bitget says the revised figure comes from a more complete reconciliation of transactions linked to the original attack, including crypto assets on Zcash and TRON that were not included in its first estimate.

In brief

Bitget revises its September 24 crypto hack estimate to $387.5 million in affected assets.
The $35.9 million increase reflects a revised accounting, not additional unauthorized transfers.
The attacker allegedly exploited a third-party security flaw to obtain high-level internal credentials.
Bitget says its private keys and cold wallets were not compromised during the incident.
Withdrawals are reopening in phases, with other tokens, fiat and P2P services scheduled for October 2.

Bitget Crypto Hack Reaches $387.5M

According to Bitget’s latest update, approximately $387.5 million in assets were transferred to addresses controlled by the attacker during the incident. The difference with the initial estimate is $35.9 million, or about 10.2%. The crypto attack began at around 18:31 UTC on September 24 and affected portions of Bitget’s hot and warm wallet infrastructure across several blockchains.

Bitget Raises Crypto Hack Estimate to $387.5M as Withdrawals Resume

In brief

Bitget Crypto Hack Reaches $387.5M

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