Crypto Exchange

Crypto exchange Bitget confirmed unauthorized access affecting multiple hot wallets, with roughly $352 million in assets moved to an unidentified address, according to CoinDesk and other industry outlets. Bitget said user funds are safe and that reserves fully cover the exposure, while suspending some withdrawal services. The incident ranks among the largest centralized-exchange security events of 2026, reigniting concerns about custodial trust in crypto markets.

Crypto exchange AscendEX has ceased operations without providing a clear plan for user asset payouts, raising concerns about the safety and transparency of smaller crypto platforms.