Bitget users withdrew over 4,000 bitcoins worth more than $334 million within one hour after the exchange reopened withdrawals following a $388 million hack attributed to North Korean cyberattack groups.
Bitget CEO Gracy Chen confirmed that cyber attackers originating from North Korea stole $388 million in digital assets from the cryptocurrency exchange, prompting suspended customer withdrawals and sparking renewed security scrutiny across the industry.
Cryptocurrency exchange Bitget suffered a suspected security breach on September 24, 2026, resulting in the unauthorized transfer of roughly $351.6 million from its hot wallets, prompting a temporary pause on withdrawals.
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The U.S. Commodity Futures Trading Commission has introduced new regulatory guidelines allowing domestic cryptocurrency exchanges to voluntarily join a federal framework while major legislation remains stalled in Congress.
The International Monetary Fund approved a $139 million payout for El Salvador while urging the nation to scale back its state involvement in Bitcoin-related activities and halt further accumulation beyond donations.
South African financial institution Absa has become the continent's first bank to provide bitcoin custody solutions, catering initially to institutional clients with plans to add more digital assets later.
Bitcoin surpassed $87,000 during Friday morning trading, driven by steady exchange-traded fund activity and a weaker-than-expected U.S. jobs report indicating higher unemployment.