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Mmastodon BusinessCrypto first seen 5 h ago, last 8 min ago, peak #7

Bitget resumes BTC withdrawals after $387.5M heist

Original: 🤖 Bitget resumes BTC withdrawals after a $387.5M heist. Attackers breached a backend system in the exchange's wallet inf

Crypto exchange Bitget has resumed Bitcoin withdrawals following a $387.5 million theft. Attackers breached a backend system in the exchange's wallet infrastructure, spoofed transaction data to trigger the authorization flow, and drained hot and warm wallets across seven blockchains. On-chain tracing has linked the attack to hackers associated with North Korea.

Why now: The scale of the theft and its attribution to DPRK-linked hackers make it a major security story in crypto right now.

BitgetBitcoinNorth Korea

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