Woke up to see that Bitget got hacked—pretty shocking. Checked my wallet, and my small stash is fine. Then I looked into the BG Protection Fund and the latest reserve ratio: Bitget's latest reserve ratio is 122%, with 45 consecutive months of publicly disclosed proof of reserves, plus an independent user protection fund. The fund size is enough to cover this loss. 1. Monthly PoR: Proves that before the incident, the platform had full reserves for user assets. 2. User Protection Fund: An independent fund pool. Officially stated to be $464 million, while this loss is $351.6 million—enough to cover it. The protection fund wallet address is verifiable on-chain in real time. This part is worth emphasizing. Most assets in the cold wallet are securely isolated, and individual account balances are unaffected. Let’s wait for the official announcement and don’t panic! #Bitget #CryptoSecurity