Key Highlights The Thai Securities and Exchange Commission (SEC) has filed a criminal complaint against crypto exchange operator BG Limited for running Bitget without a local license between 2022 and 2025. Thailand has requested the government block access to Bitget’s website and application beginning December 5, prompting officials to advise users to manage their on-platform ...
Key Highlights KuCoin has moved to restrict operations in Russia and Belarus, ambiguously referencing “applicable legal and regulatory requirements” without citing specific European Union or United Kingdom mandates. The move follows prior restrictions by centralized exchanges MEXC and Bitget, amid escalating Western sanctions targeting third-party crypto firms and evasion networks. With domestic regulatory rollout timelines ...
Key Highlights: KuCoin has ceased all products and services for users located in Russia and Belarus with immediate effect. The trading platform attributed the sudden exit to general legal and regulatory compliance requirements. KuCoin joins competing exchanges MEXC and Bitget amid intensifying Western sanctions targeting crypto-based financial flows. Major cryptocurrency exchange KuCoin has officially terminated ...
Key Highlights: Cryptocurrency exchange HTX has officially added Russia to its list of restricted jurisdictions. The policy change limits access to trading and core platform services for users based in Russia. The move follows recent service discontinuations by competing crypto exchanges Bitget and MEXC in the Russian market. HTX Restricts Platform Access for Russian Users ...
Key Highlights: Major September crypto security breaches at Bitget and the Liquid Network demonstrated distinct architectural breakdowns across instruction integrity, proof validation, and release mechanisms rather than direct private-key theft. Bitget suffered approximately $388 million in unauthorized transfers after attackers abused compromised privileged internal credentials to inject forged withdrawal instructions into otherwise secure custody environments. ...
Key Highlights: Bitget fell victim to a massive $387.5 million hack on September 24, marking one of the largest security breaches recorded among centralized cryptocurrency exchanges. Exploiting a zero-day vulnerability in third-party security appliances, attackers drained assets across 11 blockchains, including approximately 103 million XRP. Despite the exchange restoring full operations and pledging compensation from ...
Key Highlights: THORChain swap fees and revenue dropped 82% below the highs recorded during late September, when illicit flows linked to the Bitget security breach artificially drove up volume. Capital movements from the Bitget exploit accounted for approximately 57% to 63% of THORChain’s total September trading volume and protocol income. The network increased its active ...
Key Highlights Bitget Wallet Chief Operating Officer Kan emphasized that digital asset custody risk centers on “blast radius,” distinguishing the unaffected self-custodial service from centralized exchange pooled systems following Bitget’s revised $387.5 million security breach. European regulator ESMA is preparing a comprehensive crypto custodian resilience review spanning 2026 to 2027 to scrutinize key storage, operational ...
Key Highlights: Attackers from the Bitget security incident are moving stolen funds across chains using THORChain, according to SlowMist’s MistTrack platform. Bitget CEO Gracy Chen formally requested THORChain reject transactions from identified attacker addresses, arguing decentralization should not shield illicit fund flows. THORChain responded that its permissionless design mirrors Bitcoin and Ethereum, questioning how much ...
Key Highlights Bitget confirmed a Sept. 24 wallet breach that transferred approximately $387.5 million in assets to attacker-controlled addresses, affecting hot and warm wallet layers while cold wallets remained secure. Sygnum Bank’s Protect service offers Bitget institutional clients an off-exchange custody route where pledged collateral—including Bitcoin, Ethereum, stablecoins, and U.S. Treasuries—is held in segregated, bankruptcy-remote ...
Key Highlights Crypto exchange Bitget confirmed a $351.6 million security breach involving multiple hot wallets Attackers moved stolen assets across chains and converted stablecoins into Ethereum through rapid transactions The breach represents one of the largest exchange hot wallet compromises in recent crypto history Bitget Confirms Major Hot Wallet Security Breach Cryptocurrency exchange Bitget has ...
Key Highlights Bitget confirmed a $351.6 million exploit from its hot wallets on September 24, 2026, with on-chain data showing the first unauthorized transfer at 18:31:11 UTC and major outflows continuing for nearly three hours before the public notice. The attacker rapidly converted freezable stablecoins (USDT, USDC, Tether Gold) into ether via a router contract, ...