Bitget Resumes Operations Following $388 Million Security Breach

Bitget CEO Gracy Chen announced that the exchange is gradually resuming normal operations after a $388 million security breach. Users have regained access to Bitcoin (BTC), Ether (ETH), and USDT, with full withdrawal services scheduled for Friday. The losses were covered by the exchange's Operations Protection Fund, which currently holds $309 million. Investigations into the incident are ongoing, with the exchange not ruling out potential insider involvement or the participation of North Korean hackers.