Bitget: BTC Withdrawals Resume After Credential Breach

Bitget resumed BTC withdrawals on Bitcoin Mainnet and BSC, processing 9,585 orders totaling 4,098.036 BTC by 17:00 UTC+8, with ETH and USDT phases starting tomorrow.

The attacker stole internal credentials via third-party product vulnerabilities to issue fraudulent commands that bypassed risk controls, yet private keys and cold wallets remained secure; Bitget isolated systems, revoked credentials, engaged Mandiant and SlowMist, and confirmed 100% coverage from its Protection Fund with a top-up to over $300M this week.

BTC price action on the 4h chart shows price at $82900.41 testing lower Bollinger support at $83057.68 while the EMA50 at $83461.24 acts as immediate resistance and the EMA200 at $78830.08 provides deeper structural support; the MACD death cross at -124.43 reinforces bearish momentum even as RSI at 37.79 sits neutral, suggesting any bounce toward upper resistance at $85192.29 will likely stall and retrace to the 50-EMA before continuation. Traders tracking BTC price prediction models now factor this credential incident into short-term volatility assumptions amid broader crypto market crash fears.