Earlier 7 hours ago, I hosted a live stream with everyone that lasted over three hours. Here's a summary of the points I covered in the live:
① Bitget security incident update — 1 hours in. We're sharing specific facts, not just reassurances.
② Affected assets include ETH, XRP (the largest single chain loss), BNB, AVAX, USDT, USDC, and several other altcoin. The incident spans multiple chains: Ethereum, XRP Ledger, Arbitrum, Avalanche, Optimism, BSC, and Base. Cold wallets across all chains have been confirmed secure and unaffected.
③ We have contacted foundations across all affected chains. A few have already frozen the hacker's wallet addresses. We are actively pursuing every available avenue and will provide updates as the situation develops.
④ Based on IP behavioral patterns and on-chain signatures, this attack is consistent with techniques used by DPRK-linked hacker groups. We have notified relevant authorities and are cooperating fully with them globally.
⑤ Bitget Wallet operates on completely separate infrastructure from Bitget Exchange. It was not affected by this incident. Bitget Wallet's funds are fully safe.
⑥ To be transparent about our financial position: beyond the $464M+ Protection Fund — all held in publicly verifiable wallets — Bitget holds over $1 billion in its own assets. User funds are covered on a 1:1 basis.
⑦ Withdrawal restoration timeline: we are targeting a full resumption as soon as possible. We will announce the exact window as soon as it is confirmed. We will not commit to a timeline we cannot deliver.