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Bitget Rebuilds $300M+ Protection Fund, Withdrawals Resumed After Security Incidence

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Bitget Rebuilds $300M+ Protection Fund, Withdrawals Resumed After Security Incidence

After the $388 million security breach, they are now slowly returning to normal operations. After the company’s protection fund hit $309 million, it has reportedly restored withdrawals for major assets.

Even at this delicate times, they are rolling out their expanded Open API for algo traders which now includes CFDs, Stocks and Crypto all in one place.

The company’s reserve ratio is currently at around 131%. All 19 assets covered in the recent Proof of Reserve report were backed by more than 100% reserves.

submitted by /u/NextGenRoyalty
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