Bitget after the hack: withdrawals are back and the Protection Fund is above $300 million

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Six days after the attack, Bitget is back with strong numbers: withdrawals for Bitcoin, Ether and USDT are running again, the Protection Fund was refilled two days ahead of its own deadline, and the proof of reserves shows 131 percent coverage.Categories: Hacks & SecuritySix days after the attack on its hot wallets, Bitget is back with good news. Withdrawals for Bitcoin, Ether and USDT are running again, the customer Protection Fund is back above $300 million, and the new proof of reserves shows coverage above 100 percent for all 19 audited coins. According to the exchange, $231 million in deposits also came in within 24 hours. We checked the figures against Bitget's own publications and show what applies to customers now and what comes next. Withdrawals for Bitcoin, Ether and USDT are running again Bitget paused withdrawals as a precaution after the incident on 24 September, while trading and deposits kept running throughout. Since 28 September the exchange has been reopeni...