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AI summary of a third-party reportNewsDesk

Bitget confirms $351.6m breach and freezes withdrawals

The Asia-focused exchange says unauthorised transfers hit parts of its hot and warm wallets on 24 September 2026, with losses covered by a protection fund holding over $464m.

InvestIn.News NewsDesk · 2 min read

← Back to NewsDesk

A crypto exchange trading interface showing a withdrawal suspension notice after a reported wallet breach
Reported by CoinpulsehqReporter: Jackson MillerRead the original

Key points

  • Bitget detected the unauthorised transfers at 18:31 UTC on 24 September 2026, according to founder and CEO Gracy Chen.
  • About $351.6m was affected, nearly double the $174m to $183m estimated onchain earlier that day.
  • Cold wallets were untouched; the breach was limited to parts of the hot and warm wallet layers.
  • Withdrawals are paused during a security review, while deposits and trading continue.
  • The User Protection Fund holds more than $464m, which Bitget says covers the full estimated loss.

Bitget has confirmed that unauthorised transfers drained roughly $351.6m from parts of its hot and warm wallet infrastructure, an incident the Asia-focused exchange says its User Protection Fund covers. According to Cointelegraph, the confirmed figure is nearly double the early estimates that circulated onchain during the day.

Founder and CEO Gracy Chen said the exchange detected the unauthorised transfers at 18:31 UTC on 24 September 2026. She said the breach was contained to portions of Bitget's hot and warm wallet layers within its three-tier architecture, and that cold wallets remain secure. The exchange has temporarily suspended withdrawals, while deposits and trading stay operational.

The figure grew as the day went on. News.bitcoin reported that blockchain security researchers first flagged large multi-chain movements from Bitget-labelled addresses on Thursday. Social estimates began near $174m and climbed towards $183m as more transactions surfaced. Security firms Hacken and PeckShield had drawn attention to the suspicious wallet activity before any official confirmation existed.

Breach confirmed at Bitget

Bitget says its User Protection Fund holds more than $464m, enough to cover the full estimated loss, and that user account balances remain accurate. The exchange said it has flagged the addresses involved and notified law enforcement and onchain security firms. It pledged a complete incident report, including root cause and corrective measures, within 24 hours, plus hourly updates through official channels.

The exchange has said it will not speculate about the attack vector while its investigation proceeds. The affected amount places the incident among the largest confirmed exchange security incidents of 2026, according to the reporting.

Pausing withdrawals is a costly step for any exchange, even when a protection fund absorbs the loss, because withdrawals are the lifeline of the business. The larger effect is on confidence: users of a centralised venue cannot verify wallet security themselves, so the operational detail Bitget releases becomes the main evidence that funds are safe.

Estimate climbs during the day

The promised root-cause report sets a short deadline for transparency. Also worth watching is when the exchange lifts its withdrawal pause, and whether law enforcement or onchain investigation identifies the addresses Bitget has already flagged.

Read the full article on Coinpulsehq →

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Analysis on this site may contain expectations, projections and estimates. They are opinions held at the time of writing, they are not guarantees, and we are under no obligation to update them.

Conflicts

Where a writer has holdings or interests relevant to their coverage, they are disclosed on their profile page. No exchange or token issuer holds equity in BitWorld Media INC. Paid placements are labelled and kept apart from the newsroom. If you believe something on this site is conflicted and undisclosed, tell us and we will investigate.

Where This Applies

The site is published by a United States company and is not directed at any person in a jurisdiction where publishing or accessing it would be unlawful. You are responsible for knowing whether it is lawful for you to hold crypto assets where you live.

Copyright & Takedown

How we credit the publishers we aggregate on the NewsDesk and NewsFeeds, how to have your feed removed, and how to send a copyright notice.

Last updated 24 September 2026 Applies to investin.news Questions [email protected]

What We Publish, and What We Do Not

For every item on the NewsDesk we publish a headline and a summary, the publisher’s name, the publication time and a link to the original article. The headline and summary are written by AI from the original. Where no AI summary is available we show the publisher’s own headline and short description from its feed instead, quoted, credited and labelled “Outlet’s summary”. We never publish full articles. Where your feed or your article page supplies a preview image, we may show it with the item, loaded from your own server.

On NewsFeeds we publish, for each item in your news-flash feed, a short rewrite of one or two sentences written by AI - never your own headline on its own - together with your name, the time and a link to your item. Flashes are deleted after seven days. Everything below applies to flash feeds too.

If You Publish One of Our Sources

You can change the arrangement or come off the list entirely. Write to [email protected] from an address at your domain, tell us the feed, and say what you want. Within one business day we can:

  • Stop ingesting your feed - nothing new from it appears on the site.
  • Remove items - some or all of the items already published from your feed.
  • Change the credit - the name we show for you, or the link it points to.

No argument, no requirement to explain. The feeds we currently use are listed on the sources page.

Copyright Notice

If you believe material on this site infringes your copyright, send a notice to our designated contact for copyright notices:

Copyright notices, BitWorld Media INC 5900 Balcones Drive, STE 100
Austin, TX 78731
United States
[email protected], subject line “Copyright notice”

Under 17 U.S.C. §512 the notice must include:

  • Your physical or electronic signature, as the owner or someone authorised to act for them.
  • Identification of the work you say has been infringed.
  • The URL of the material on our site, precise enough for us to find it.
  • Your name, address, telephone number and email.
  • A statement that you believe in good faith the use is not authorised by the owner, its agent or the law.
  • A statement, under penalty of perjury, that the information is accurate and you are authorised to act.

We act on complete notices within one business day. We will tell you what we did and, where appropriate, notify whoever supplied the material.

Counter-notice

If your material was removed and you believe that was a mistake or a misidentification, send a counter-notice with your signature, the material and where it was, a statement under penalty of perjury that you believe it was removed in error, your name, address and telephone number, your consent to the jurisdiction of the federal district court for your address, and your agreement to accept service of process from the person who sent the original notice. We will restore the material no sooner than 10 and no later than 14 business days after we receive a valid counter-notice, unless we are told a court action has been filed.

Repeat Infringement

If a feed repeatedly carries infringing material, we stop ingesting it.

Correcting the Record

A takedown is not the only remedy. If a summary or flash based on your reporting is wrong or misleading, write to us and we will correct it - usually faster than a formal notice, and it leaves your story visible.

The Desk

Everything in Originals is written by one of these people, under their own name. The NewsDesk wire and NewsFeeds are automated and labelled as such - but a human owns them, and she is on this page too.

Editorial

KA

Keshav Aggarwal

Founder · Markets desk

Founded InvestIn.News and still files on mining, treasury companies and market structure. Eight years reporting on commodities before crypto, which is why he reads power contracts for fun.

MiningTreasuryMarket structure
Profile & Articles
IA

Ishu Aggarwal

Editor-in-Chief

Runs the newsroom and signs off every original. Sets what the wire will and will not carry, owns corrections, and decides where the line between reporting and paid content sits.

Editorial standardsCorrectionsRegulation
Profile & Articles
JM

Jayshree Majumdar

Chief Everything Officer

Everything between a story landing and a reader seeing it - the summarisation pipeline and the datasets behind our longer pieces. Every AI label on the site is her responsibility.

AI pipelineAccuracyData & investigations
Profile & Articles

Commercial and editorial work separately. Advertisers cannot see an original before it publishes, cannot request changes to one, and cannot buy their way out of coverage. That separation is written into the editorial policy, not just the org chart.

Reporters, Get in Touch

We are always glad to hear from reporters. Send three clips and a note about what you think we are getting wrong.

[email protected]

Writer profile

← Back to The Desk

Profile

About

At a Glance

Disclosures, where a writer has one, are supplied by the writer · Editorial Policy

Recent Work

Recent work from the desk.

All Originals

Nothing published by this writer yet.

NewsFeeds

Short updates from outlets’ public feeds. Every flash is rewritten in our own words by AI, credited to the outlet by name and linked to the original. Newest first, updated every few minutes.

NewsDesk

The wire: crypto and markets news from other outlets, newest first.

AI summaryStories from the outlets we follow, summarised by AI and linked to the original. Where no AI summary is ready, the outlet’s own summary is quoted and labelled.——Where AI is used

On the Wire

Stories from our sources, newest first, each credited to the publisher and linked to the original.

Which Sources?

Nothing on the wire yet. New stories from our sources appear here as they are published.

Nothing on the wire yet. New stories from our sources appear here as they are published.

You’re up to date. That is everything on the wire.

Markets

Sentiment, market cap, dominance, Altcoin Season and the Fed in one place. Figures come from public sources, may be delayed, and are never execution prices.

Markets Snapshot

Fear & Greed

—
0 100
—
 
Yesterday—Last week—Last month—

Total Market Cap

—
—
 
24h volume—24h change—

Dominance

—
—
Bitcoin share of total cap
BTC — ETH — Stablecoins —
Change—High—Low—

Altcoin Season Index

—
—
 
Beat BTC—Yesterday—Last month—

Share of the top 100 coins (ex-stablecoins) that outperformed bitcoin over the window. 75+ is Altcoin Season, 25 or under is Bitcoin Season.

Policy & Liquidity

Four numbers that move crypto before crypto moves. Each is published on a fixed schedule, so you can plan around them.

Macro flashes on NewsFeeds

Rate Path

Fed funds target, upper bound

FEDERAL RESERVE
—next rate decision  
Current target range—
Effective fed funds rate—
— Upper bound of the target range

EVERY MOVE IN THIS WINDOW

Target range and effective rate from the Federal Reserve via FRED · FRED, Federal Funds Target Range

Fed Balance Sheet

Total assets, weekly

H.4.1
—  

Securities held outright—
Reserve balances—
Treasury general account—

Weekly, published Thursdays around 16:30 ET · Federal Reserve Balance Sheet Trends

10-Year Treasury Yield

Constant maturity, daily close

FRED DGS10
—  

2-year yield—
30-year yield—
10s–2s spread—

Daily close, published each business day · FRED, 10-Year Treasury Constant Maturity

Newswire

Everything on the wire, newest first.

Stories

Nothing on the wire yet. New stories from our sources appear here as they are published.

Nothing matches that right now.

You’re up to date. That is everything on the newswire.

Originals

Our own reporting. Written by named people, no AI text, no money changing hands. Paid work lives in a separate section and says so on every page.

All Originals Reported Investigations Interviews Analysis Events

All originals

No originals published yet.

Events

The dates our desk is watching, and what we brought back: conferences, hearings, data releases, upgrades and hackathons.

All Event Coverage

September 2026

ConferencePolicy & hearingsMacro dataEarningsToken unlockNetwork upgradeHackathonOtherWe are covering it

Upcoming

Dates are as published by the organisers, shown in the event’s own time zone. We list the events we follow, not everything on the circuit.

Event Coverage

All Event Coverage

No event coverage filed yet.

PRDesk

Press releases and sponsored features that companies pay us to publish, labelled as paid and kept out of the NewsDesk. Want to publish here? See Advertise.

About PRDesk. Paid content under the InvestIn.News PRDesk byline, run by business operations, not the newsroom.

Companies pay us to publish these. They are written by the advertiser, or by our commercial team at the advertiser’s request, never by the newsroom. We do not fact-check, verify or endorse them. Nothing here is investment advice.

  • Every item carries the PRDesk byline, not a reporter’s, and is labelled as paid.
  • Paid items never appear on the NewsDesk or in its RSS feeds; outbound links carry rel="sponsored".
  • Advertisers have no role in what the newsroom publishes. How paid and editorial stay apart
Everything Press Releases Sponsored Features

Recently published

Nothing published in that format yet.

No paid placements are running right now.

Want to Appear Here?

Two formats, fixed prices, published within one business day of approval. We turn down guaranteed returns, wallet-connect landing pages and anything dressed up to look like our own reporting.

See Rates and Formats How We Separate Paid From Editorial

Where the Newswire Comes From

Every outlet we ingest, what we take from it, and how to change that. If you publish one of these feeds and want out, write to [email protected] and we act within one business day.

Outlets we ingest, with feed type, what we publish, stories published in the last 30 days and status
SourceFeedWhat We PublishStories, 30dStatus
No sources connected yet.

Editorial and AI Policy

How Aggregation Works

We read public RSS feeds from the outlets listed above. For each new item we store the headline, publisher, reporter, publication time, link, and the feed’s own short description and image, read the original article (or, where the page can’t be read, the outlet’s own description of it), and publish our own summary: a headline, a standfirst, three key points and 150–250 words, written by AI. Every item names the publisher and links to the original, and we never publish full articles.

When an item gets no AI summary – because it comes from a source we review and the editor publishes it as it is, because AI is unavailable or our daily AI limit has been reached, or because the summary is not ready within 30 minutes – we show the outlet’s own short description from its feed instead, quoted and credited, and labelled “Outlet’s summary”. A few NewsDesk items are written by our own editors and labelled “NewsDesk”.

NewsFeeds works differently: it carries short updates taken from outlets’ public news-flash feeds, which we read about every five minutes. Each is rewritten in our own words by AI and credited to the outlet by name, with a link back. A new flash waits for its rewrite; if AI is unavailable or the wait runs out, the flash is not published at all. Flashes are kept for seven days.

Where AI Is Used

AI writes the summaries on the NewsDesk, and each one is labelled “AI summary”. We use DeepSeek, with Anthropic’s Claude as a backup. To write a summary, the text of the original article is sent to the AI provider; we don’t keep that text beyond the summary. Items from sources we have set to publish automatically get an AI summary and go live without a person reading them first. Items from the sources we review are checked by an editor before they are published.

AI also rewrites the flashes on NewsFeeds in our own words and sorts each one into a topic. Flashes go live without a person reading them first; our editors can correct or remove one afterwards. For each flash, the outlet’s name, headline and flash text are sent to the AI provider, and we keep the outlet’s flash text with the flash, for up to seven days, so an editor can check the rewrite. A flash that could not be rewritten never goes on the site.

Originals are written by named people and contain no AI-generated text; if that ever changes it will be disclosed on the article.

Corrections

We correct errors reported to us. If a summary misrepresents the original, or a publisher has updated or withdrawn a story, write to [email protected] with the link and what is wrong.

Press releases and sponsored features are published only on PRDesk, under the PRDesk byline, and labelled as paid on the page, in RSS and in structured data. Their outbound links carry rel="sponsored", and they never appear on the NewsDesk or in its feeds. They are written by the advertiser, or by our commercial team at the advertiser’s request - never by the newsroom. Advertisers cannot see or change our reporting before it is published, and buying a placement buys neither coverage nor the removal of coverage.

Ownership

InvestIn.News is published by BitWorld Media INC, a company registered in the United States. It is funded by advertising, paid placements and syndication. No exchange or token issuer holds equity. Where a writer has holdings relevant to their coverage, they are disclosed on their profile page.

BitWorld Media INC 5900 Balcones Drive, STE 100
Austin, TX 78731
United States
Registration no. 806442908

[email protected]

Who Writes This

Originals are written by named reporters, and any disclosure a writer has is on their profile page. You can see the whole desk, including who owns the AI pipeline, on the desk page.

Contact

One address for everything - newsroom, corrections, feed arrangements, advertising, brand and press assets. Use the form below and it reaches the right person, or write to [email protected] from your own email app if you prefer. We usually reply within one business day.

Write to the Desk

Corrections, feed arrangements, brand assets, anything else. Fields marked with an asterisk are required.

A link and a sentence is usually enough.

This goes straight to our desk – no email app needed. By sending it you agree to our terms of use, and to us holding your details as set out in the privacy policy. We keep enquiries for a year and never sell them.

Thanks — we’ve got it. We reply within one business day. For anything urgent, email [email protected].

RSS Feeds

Take the whole site or just the part you want. Every feed carries the same labels the pages do — wire items are marked as an AI summary or the outlet’s summary and credited to the publisher, paid items are marked as paid. Feeds carry summaries, not full articles. The short updates on NewsFeeds have feeds of their own, listed below; they are not mixed into the others.

Build your feed

What should it carry?

3 of 4 selected

Narrow each section optional

NewsDesk is one feed, with no topics: the topics belong to NewsFeeds, whose feeds are listed below.
Each filter only narrows its own section. Leave one on “Every…” to take the whole section.

YOUR FEED URL

https://investin.news/feed.xml

Open in a Reader

Everything except paid placements, newest first.

What You Get

FormatRSS 2.0
Wire refreshTypically every 15 minutes
NewsFeeds refreshAbout every 5 minutes
Originals refreshOn publish
Items per feed50 by default
ContentSummaries

Each item carries a label (AI summary, Outlet’s summary, Original, NewsDesk or Paid placement), the publisher in <source>, and our link as guid. Paid items never appear in a feed that does not ask for them.

Ready-made feeds

FeedWhat it carriesURL
EverythingThe wire, originals and events. No paid placements./feed.xml
Everything, including paidAs above plus PRDesk, each item labelled./feed.xml?include=all
NewsDeskThird-party reporting, summarised, credited and linked./newsdesk/feed.xml
OriginalsOur own reporting only. No AI text, nothing paid for./originals/feed.xml
Originals by kindOne of reported, investigations, interviews, analysis./originals/{kind}/feed.xml
EventsCoverage filed from conferences, hearings and hackathons./originals/events/feed.xml
Events by typeOne of conferences, policy, hackathons./originals/events/{type}/feed.xml
PRDeskPaid placements only, every item labelled as paid./publish/feed.xml
PRDesk by formatOne of press-releases, sponsored-features./publish/{format}/feed.xml
Your own mixAny sections from the builder, each narrowed with kind, event or format./feed.xml?include=…&kind=…
A writerOne person’s originals, as they publish./authors/{slug}/feed.xml
NewsFeedsShort updates from outlets’ news-flash feeds, each credited to the outlet and linked to its original. Kept for seven days./newsfeeds/feed.xml
NewsFeeds by topicOne of bitcoin, ethereum, altcoins, etfs, regulation, stablecoins, mining, macro, ai./newsfeeds/{topic}/feed.xml

All feeds are public, need no key and have no rate limit beyond ordinary abuse protection. If you are polling harder than once a minute, use the wire feed rather than the site.

Using our feeds

Credit the Publisher

Wire and NewsFeeds items are based on somebody else’s reporting. The source field names the publisher. If you republish the item, credit them, not us.

Keep the Labels

The labels travel with every item. Stripping them is the one thing that will get an integration blocked.

Tell Us What Breaks

Malformed dates, a wrong category, a feed that stops moving — write to [email protected] and we aim to fix it within one business day.

Style Guide

Design reference for the site: colour tokens, type and components. Headlines and figures on this page are examples, not live data.

Brand - the only saturated colour on the site

brand-navy#18155C
brand-green#43AB3A

Navy belongs to the wordmark. It is not a text colour, not a button, not a background.

Neutrals, current mode

paperpage
canvasbands, hover
sinkchips, marks
linehairline
inkheadlines
ink-2body
mutesummaries
fainttimestamps

Signal - one meaning each, never decoration

upprice up only
downprice down only
accentlinks, AI, CTA
paidmoney changed hands

Type - Montserrat, one family, four weights (Regular, Medium, SemiBold, Bold)

Example headline at display size
Wire headline · 19 / 700 / −2.4%
Summary · 13.5 / 400 / 1.5, clamped to two lines. If it needs three, the summary is wrong.
BTC 00,000 −0.00% (example)
ETH  0,000 +0.00% (example)

Montserrat sets wide, so display sizes come down a notch and tracking tightens to −3%. Figures use the tabular-numeral feature everywhere they sit in a column - the tape, the widgets and the assets table - so digits never jitter as prices update.

Logo

Two files, same artwork. The light file runs on paper and canvas; the dark file recolours the navy to near-white and lifts the green so the mark survives on a dark page. Minimum height 30px, clear space equal to the height of the brain mark on every side.

Images and avatars

Story Image Fallback

When a story has no image, the slot shows a brand gradient, the mark as a watermark and the source domain in a pill - never a grey box with a broken icon. Real images are 16:9 for the wire, 5:4 for the hero, and are cropped centre by default.

Avatar

KA

Monogram until a photograph exists, then the photograph drops into the same circle. Supply square, 400px minimum, face centred, on a plain background. Each writer has one of six gradient tints behind their monogram.

Widgets - four shapes cover every market panel

Gauge

00
Example. A bounded index: Fear & Greed, Altcoin Season.

Trend

$0.00T
Example. A single figure with a sparkline and one comparison period.

Every widget is the same box: a 12.5px label row, one large figure, supporting detail, then a footer of two or three comparisons on a hairline. Swapping the middle for a gauge, a sparkline, a dominance bar or a list is the only variation allowed - that is what keeps a wall of panels from turning into a dashboard nobody reads.

Labels

AI summaryOutlet’s summaryOriginalNewsDeskRegulation

Every NewsDesk, Originals and PRDesk item carries exactly one origin label: green means AI wrote it, grey means the outlet’s own words, quoted, black means our desk wrote it (Original, or NewsDesk for wire items our editors wrote), and amber means money changed hands. On NewsFeeds every flash is an AI rewrite, said once at the top of the page, so the flashes themselves carry no origin label. Topic tags, like Regulation, are plain.

Variables for import

{
  "brand-navy":  { "light": "#18155C", "dark": "#18155C" },
  "brand-green": { "light": "#43AB3A", "dark": "#43AB3A" },

  "paper":   { "light": "#FFFFFF", "dark": "#23272E" },
  "canvas":  { "light": "#F5F7F4", "dark": "#2B3039" },
  "sink":    { "light": "#EEF1ED", "dark": "#3A414D" },
  "line":    { "light": "#E4E8E2", "dark": "#3E4653" },
  "line-2":  { "light": "#D2D8CF", "dark": "#535C6B" },

  "ink":     { "light": "#16181C", "dark": "#F5F7FA" },
  "ink-2":   { "light": "#3B4149", "dark": "#D6DBE3" },
  "mute":    { "light": "#5C6472", "dark": "#A9B1BD" },
  "faint":   { "light": "#646C79", "dark": "#9BA4B1" },

  "accent":      { "light": "#43AB3A", "dark": "#5FC554" },
  "accent-deep": { "light": "#267D1F", "dark": "#7BD670" },
  "up":          { "light": "#267D1F", "dark": "#5FC554" },
  "down":        { "light": "#C73927", "dark": "#FF7B66" },
  "paid":        { "light": "#9C6400", "dark": "#E7B84B" },

  "type":   { "family": "Montserrat", "weights": [400, 500, 600, 700] },
  "space":  [4, 8, 12, 16, 20, 24, 32, 40, 48, 56, 72, 96, 128],
  "radius": { "s": 8, "m": 14, "l": 22, "xl": 30, "full": 999 },
  "layout": { "width": 1180, "column": 740, "read": 640, "header": 68 }
}

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