economyBreakingUpdated 1 h ago · since 25 Sept 2026
Crypto Exchange Bitget Suspends Withdrawals Following Major Theft
Crypto exchange Bitget has temporarily halted customer withdrawals following a significant theft of digital assets. Reports on the total value of the stolen funds vary between $350 million and $449 million. The incident highlights ongoing security challenges within the cryptocurrency sector.
The discrepancy in the reported theft amount between US and Singaporean sources suggests evolving information as the investigation continues. While the US media frames the event through the lens of external geopolitical security threats, the Singaporean coverage prioritizes consumer protection and corporate accountability.
What all reports share
01Bitget has suspended customer withdrawals.
02The exchange suffered a major theft of crypto assets.
Where the coverage differs
US outlets highlight the potential involvement of North Korean hackers, while Singaporean outlets focus on the company's internal response and the safety of user funds.
AI-generated from the sources below. Always check the originals.
The framing spectrum
Overall tone of each country's coverage of this event, judged from the articles listed below. How we judge
Supportive
–
Descriptive
SGUS
Cautious
–
How each country tells it
SingaporeCorporate response
Typical headline, translated
Crypto exchange Bitget pauses withdrawals after $449 million stolen in hack
Emphasises
The coverage highlights the Bitget chief executive's assurance that user funds remain safe and are covered by the company.
Mentions less
The report does not speculate on the identity of the hackers.
2 articles · The Straits Times Business, CNA Business
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