crypto exchanges

Investigators assess that North Korea was very likely responsible for a $388 million hack of the cryptocurrency exchange Bitget, one of the largest thefts from a digital asset platform. The finding points to the country's Lazarus-linked operatives, who have repeatedly targeted crypto firms to fund the regime. The scale of the loss has renewed calls for stronger exchange security and international action against state-backed crypto theft.

Around $183 million in cryptocurrency disappeared from wallets linked to the Bitget exchange, prompting alarm among users who fear the funds were stolen in a hack. Trading communities are closely watching the exchange's response as speculation spreads about whether the movement was an attack, a security lapse, or an internal transfer.

Crypto exchange Bitget has resumed Bitcoin withdrawals following a hack that drained roughly $387.5 million. Attackers breached a backend system in the exchange's wallet infrastructure, spoofed transaction data to trigger the authorization flow, and emptied hot and warm wallets across seven blockchains. On-chain tracing has been linked to North Korea. The rapid service restoration and the scale of the theft are driving discussion among security and crypto observers.

Crypto exchange Bitget is reported to have lost more than $350 million in Bitcoin in a breach attributed to North Korean hackers. No technical details or CVE have been released about how the attack was carried out. The exchange has reportedly resumed withdrawals, but security watchers are urging caution while the full picture remains unclear.

The hacker behind the Bitget exchange breach is moving and laundering roughly $350 million in stolen funds through THORChain, according to crypto observers. At the same time, institutional buyers such as Strive and MicroStrategy are continuing to accumulate Bitcoin despite the ongoing market volatility, a contrast between criminal outflows and steady corporate demand that is drawing attention across the crypto community.

Crypto exchange Bitget has resumed Bitcoin withdrawals following a theft of roughly $387.5 million in digital assets. The company moved to restore normal operations and reassure customers about the security of their funds. The large-scale hack and the speed of the exchange's response are drawing close attention across the crypto industry, with traders watching for further details on how the breach occurred and whether stolen funds will be recovered.

THORChain is dealing with internal governance dilemmas following a major security breach at crypto exchange Bitget. The incident has raised questions about how decentralized platforms coordinate responses to exchange-level exploits and who bears responsibility for contaminated funds moving through cross-chain liquidity networks. Observers are watching how THORChain's community resolves the dispute, as the case highlights broader governance weaknesses across decentralized finance infrastructure when major exchanges are compromised.