A signature request is the moment a self-custody wallet asks you to approve an action that can move or commit your assets. A jump in phishing warnings is easy to read as a surge in theft. The figures reported on November 11, 2026 need a narrower reading.
That day, TechFlow, citing Cointelegraph, reported comments from Bitget Wallet chief operating officer Alvin Kan. He said that in the third quarter of 2026 the wallet flagged an average of about 37,000 signature requests per week as potential phishing. In the second quarter, the weekly average was about 5,000.
Kan said the increase may reflect both more threat activity and better detection. He also said the available data cannot show how much each factor contributed. Bitget Wallet introduced AI-assisted risk detection in the second quarter.
The statistic counts signature interactions that were flagged. It is not a count of separate attacks, and it is not a measure of confirmed financial losses.
If you hold your own keys, treat a flagged signature as a reason to stop and see what you are being asked to approve. A warning is not proof that funds are already gone, and a detection layer does not remove the risk of signing a harmful request.
Original report: TechFlow, November 11, 2026.
