NewsCryptoBitget Resumes Withdrawals After Security Incident: Bitcoin Live, Ethereum Scheduled for September 29

Bitget Resumes Withdrawals After Security Incident: Bitcoin Live, Ethereum Scheduled for September 29

Author: CoinWy·

Key Takeaways

  • •Bitget has reopened Bitcoin withdrawals, making BTC the first major asset restored under the exchange's staged restart plan following a security incident.
  • •Ethereum withdrawals are scheduled to reopen on September 29, but a scheduled date has not yet been confirmed as a live status.
  • •The resumption of withdrawals followed the identification and remediation of the vulnerability that caused the hack and prompted the initial suspension.
  • •AMLBot has traced 4 BTC from the Bitget hack to a Wasabi CoinJoin mixer, a structure that makes on-chain tracing of the funds more difficult.
  • •USDT withdrawal availability remains unconfirmed, and Bitget's security update page is the authoritative source for checking the status of each individual asset.
Bitget Resumes Withdrawals After Security Incident: Bitcoin Live, Ethereum Scheduled for September 29

Bitget is reopening withdrawals on a per-asset basis following a security incident, with the exchange saying that Bitcoin withdrawals are already live and Ethereum withdrawals are scheduled for September 29, according to Bitget's official support update. The platform had suspended withdrawals in the wake of the incident before beginning a staged restart of services.

Bitcoin Withdrawals Are Live

Bitget has confirmed that Bitcoin (BTC) withdrawals are open, making BTC the first major asset to come back online under the exchange's staggered restart plan. Rather than declaring a single all-clear for all tokens at once, the exchange is communicating availability on an asset-by-asset basis.

Withdrawal access is the function users rely on to move funds off an exchange and into self-custody, so the suspension meant users holding BTC on the platform could not move assets out until this restart. According to CryptoSlate, the resumption of BTC withdrawals followed the identification and remediation of the vulnerability behind the hack that had prompted the withdrawal pause. Reopening Bitcoin first, ahead of stablecoins and other assets, reflects a sequenced approach to restoring services.

Ethereum Withdrawals Scheduled for September 29

Ethereum (ETH) withdrawals carry a scheduled date of September 29, according to the exchange's communications. A scheduled date is not the same as a confirmed live status, however, and users should verify current availability directly on Bitget before attempting an ETH withdrawal.

The staggered timeline mirrors how exchanges typically restore services after a security event, prioritizing higher-liquidity or more technically straightforward assets first. The security review also remains active: investigators had already begun tracing funds, with AMLBot tracing 4 BTC from the Bitget hack to a Wasabi CoinJoin mixer. CoinJoin mixers pool transactions from multiple users into a single combined transaction, obscuring the link between individual senders and recipients — a structure that makes on-chain tracing more difficult once funds reach such services.

USDT Status and What Asset-by-Asset Means for Users

Bitget's public communications also referenced USDT (Tether), but the available information does not confirm a specific reopening date or current status for the stablecoin. Users should not infer USDT availability from the BTC or ETH timelines. USDT is among the most widely used stablecoins in the market, so its withdrawal status is a significant data point for users gauging how far the platform's recovery has progressed.

Under the asset-by-asset framing, each token has its own reopening schedule, and a status update for one asset carries no implication for another. Bitget's security update page is the authoritative source for the most current withdrawal status on each individual asset. Checking that page before initiating any withdrawal remains the safest approach until a full-platform resumption is announced. The near-term checkpoints are whether the September 29 Ethereum schedule holds, when the remaining assets come back online, and what further findings emerge from the ongoing fund tracing.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.