The cryptocurrency news this week landed on a single story that shook the market. Bitget, one of the biggest exchanges in the world, lost $387.5 million in a hack on September 24 per PYMNTS.
Funds were drained from hot wallets, swapped into tokens that cannot be frozen, and bridged across chains in a matter of hours. Bitcoin still sits near $83,500, but the mood has shifted. While the big coins weather the storm, the fastest money in crypto right now is moving into earlier plays. Pepeto, a presale at over $11.1 million with working products and a Binance listing on the way, is where that money is landing.
What Happened in the Bitget Hack and Why Does It Matter?
On September 24, trackers flagged over $177 million leaving Bitget wallets before the exchange went public with the breach. The final count came to $387.5 million. The first report missed stolen funds on Zcash and Tron, per FXStreet on September 24.
CEO Gracy Chen said private keys were not leaked. The attackers broke into a core backend system and spoofed data to pass the exchange’s own checks. Bitget says its $464 million user fund covers the full loss. The hack is the biggest in cryptocurrency news since the Bybit loss of $1.4 billion in February 2025. Trust in big exchanges took a hit this week.
What Should Buyers Watch After the Bitget Breach?
Why Is Pepeto Growing While Exchanges Lose Trust?
The cryptocurrency news around the Bitget hack is a clear reminder: keeping funds on an exchange carries real risk. That is why more buyers are looking at tools that cut out the middle layer, and why Pepeto is drawing serious money.
Pepeto’s staking pool pays 162% APY, and rewards go live the day the Binance listing opens. The people who bought in early are not just waiting. They are earning while the price has not moved yet. That is the point of getting in before a listing.
The presale topped $11.1 million at $0.0000001898. Each new stage lifts the price, and this one is near its cap. PepetoSwap, the zero fee exchange, is already live and tested with $50 million worth of daily swaps. No fee on any swap. Gas is all you pay.
The bridge takes tokens from one chain to another across five networks, all in less than a minute. No fee. No wrapped copies. Tokens lock on the first chain and appear on the second after proof is checked. If the transfer breaks, the lock undoes itself. That is the kind of safety that no big exchange offered Bitget users last week.
SolidProof passed the full audit. The cofounder is the same person behind the first ever Pepe token. An expert from Binance joined the dev team. Analysts project the listing to produce returns that only presale buyers ever see. The last way to buy at this price is the Pepeto official website. The pace of buying tells you the people inside already know what comes next.
Is Bitcoin Still Safe at $83,000 After This Week’s Cryptocurrency News?
BTC trades near $83,080 per CoinGecko data on September 29. The coin held above $83,000 even after the Bitget news broke. September is set to close green for the third month in a row, a streak not seen since 2012.
The Fear and Greed index sits at 73 per CoinDesk. Bitcoin is a safe hold, but the gains from $83,000 are slow. The coin needs to clear $87,000 again before it has room to run.
Where Does Ethereum Fit in the Cryptocurrency News This Week?
ETH sits around $2,678 per CoinGecko on September 29. The cryptocurrency news for ETH has been flat since the Fed raised rates to 4% on September 18. Whale buyers are still adding ETH, but the price has not followed. ETH is a long term hold, not a short term play. Anyone looking for speed this month is looking elsewhere.
Conclusion
The Bitget hack is the biggest cryptocurrency news of the month. It proved one thing: even the biggest names in crypto can lose your funds in hours. Bitcoin and Ethereum held through it, but holding is not the same as growing. The presale filling faster each week tells a different story. Over $11.1 million came from real buyers, and that means the market sees the same setup.
A clean audit, live tools, zero fee trading, and a Binance listing that gets closer with each stage. That kind of proof is not a guess. It is money on the table, from people who checked the numbers and decided to act. The reader looking at this has the same choice today that every early crypto buyer faced once. Visit the Pepeto official website to see it before the next price lift.
Click To Visit Pepeto official Website To Enter The Presale
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital.
All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.
