News
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XRP tops list of cryptos stolen in Bitget hack with $157 million
XRP, the native token of the XRP Ledger, was the largest crypto asset stolen from a Bitget hot wallet, a wallet connected to the internet, on September 25, 2026. About 102,926,478 XRP tokens worth over $157.4 million were taken, alongside 31,890 Ethereum and 12,719 Binance Coin.
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What happened
XRP, the native token of the XRP Ledger, was the largest crypto asset stolen from a Bitget hot wallet, a wallet connected to the internet, on September 25, 2026. About 102,926,478 XRP tokens worth over $157.4 million were taken, alongside 31,890 Ethereum and 12,719 Binance Coin.
Confirmed
Global impact / market context
A large theft from a centralized exchange, a company-run trading platform, can make customers worry about whether their own crypto is safe. That worry may push some traders to move coins off exchanges, reducing the trading activity and fees those platforms earn.
Analyst inference
The article names XRP, Ethereum, and Binance Coin as stolen assets, showing the breach touched several major tokens rather than one. For investors, this highlights that keeping crypto on an exchange carries custody risk, meaning the exchange controls the coins.
Analyst inference
What to watch
- Bitget is described as a global centralized exchange, and the stolen funds came from one of its hot wallets, which is a wallet kept online for everyday withdrawals. Confirmed
- Investors could watch whether Bitget publishes a plan to repay affected users and strengthen wallet security, since repayment details are not stated in the supplied article. Proposed
- Traders may watch XRP, Ethereum, and Binance Coin prices for unusual selling, because stolen coins are sometimes quickly sold, which can add downward pressure. Analyst inference
Affected assets
- ETH — Ethereum
- BNB — BNB
- XRP — XRP