Browsing: Cryptocurrency Exchange News

Chainalysis has attributed the $387 million Bitget theft to North Korean hackers. The firm said the attack lifts the value of crypto stolen by DPRK-linked actors this year above $1 billion. North Korean attackers reportedly used a cross-chain swap to convert stolen XRP into Bitcoin and kept the tokens away from exchanges. Drift, KelpDAO and…

Crypto hack losses reached $766.49 million in September, making it the worst month of 2026 so far. The total jumped about 462% from August’s $136.3 million, according to PeckShield. Two incidents caused most of the damage. Bitget lost roughly $387 million. Liquid Network lost about $320 million, though the people behind it, claiming to be…

ZachXBT says Bitget hack launderers asked for help in public Discord and Telegram chats. One is tied to the Kelp DAO hack. The post Investigator Finds $387M Bitget Hack Suspects Asking for Help in Public Chats appeared first on BeInCrypto.

THORChain has declined to freeze stolen funds linked to the recent Bitget cryptocurrency exchange hack, defending its permissionless architecture despite widespread criticism from industry leaders pointing out past network pauses.

Bitget CEO Gracy Chen stated that North Korean hackers are likely responsible for a $350 million security breach affecting the cryptocurrency exchange, which compromised a backend system without accessing private keys.

Bitget faces security breach speculation after users reported blocked withdrawals and on-chain records revealed approximately $176 million exiting hot and cold wallets within a short window.