Bitget Wallet reports sevenfold jump in crypto phishing risk alerts

Crypto wallet provider Bitget Wallet said Wednesday it was expanding AI-assisted threat detection after its weekly average of signing requests flagged for potential phishing rose 7.4-fold in the third quarter of 2026.

The wallet flagged about 37,000 such requests per week in Q3, up from 5,000 in Q2, according to Bitget Wallet chief operating officer Alvin Kan.

“The increase likely reflects both greater threat activity and improved detection capabilities, although the data does not allow us to quantify each factor’s contribution,” Kan told Cointelegraph.

The wallet introduced AI-assisted risk detection in Q2, he added.

Kan said that the tally counted flagged signing interactions, not unique attacks or confirmed financial losses.