Bitget Hack Tied to North Korea as Stolen XRP Flows Into Bitcoin
Bitget hack update links North Korean hackers to the $387 million theft, showing how stolen XRP became Bitcoin across blockchains.


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Bitget hack update links North Korean hackers to the $387 million theft, showing how stolen XRP became Bitcoin across blockchains.

Bitget has frozen a tiny fraction of the $387.5 million stolen in last week's hack, and restored much of its protection fund.

The platform said it will compensate users affected by the hack, which stemmed from a bug that affected deposits and withdrawals.

Crypto security losses reached $1.26 billion in Q3 across 247 incidents, with September alone accounting for roughly $769 million.

The $388 million Bitget breach and $320 million Liquid Network exploit accounted for most of September's losses, though more than $270 million from the latter…

Bitget CEO Gracy Chen said that a protection fund created by the company in 2022 "absorbed the financial impact of the incident" that resulted in $388 million…

THORChain will not - or can not - block addresses linked to the $387.5 million Bitget hack. Can the devs be prosecuted for money laundering? It's complicated,…

SlowMist identified malicious activity weeks before the Bitget theft, involving a zero-day vulnerability, two security products and a custom withdrawal tool.

Gracy Chen said she saw the 2025 Bybit hack as a "good reference point" for Bitget's security breach, noting that only a small percentage of funds had been fro…

The cross-chain protocol said it actively prevents stolen funds from being laundered, drawing a contrast with THORChain's position that it does not selectively…

Some stolen assets have been frozen, but Bitget has yet to disclose how much has been recovered as investigators continue to assess a possible North Korea link.

THORChain refuses to blacklist addresses linked to the Bitget hack. Vitalik Buterin says Ethereum is evolving from being a mere blockchain, into a world crypto…

The Bitget breach announced on Thursday affected about $35 million more than previously reported, based on an analysis of assets on Zcash and TRON.

The $351 million theft from crypto exchange Bitget is the latest in a string of high-profile hacks targeting the crypto sector.


The APAC region accounts for half of the Global Crypto Adoption Index. Bitget suffers massive $351M loss and OpenAI forgets to mention its agents hacked the Au…

Bitget said unauthorized transfers affected a limited number of hot wallets, while cold wallets and most platform assets remained unaffected.

Bitget CEO Gracy Chen doesn't believe the current Bitcoin rally is sustainable, and she aims to buy more BTC around the $50K mark later in 2026 or early next y…

Gracy Chen says macroeconomic uncertainty could keep Bitcoin within $10,000 to $20,000 of current levels, while US government purchases remain unlikely within…

The crypto exchange stopped accepting new registrations from Japan residents and will begin progressively restricting existing accounts on Nov. 1.

Crypto exchange Bitget said it was registered as a financial service provider with New Zealand's financial regulator, enabling it to expand its services in the…

RaveDAO denies involvement in RAVE token price surge and crash as Binance and Bitget launch investigations into suspected market manipulation.

Bitget EU expects MiCA approval in Austria by mid-2026 and plans a broker-led model with strict asset standards for European users.

Bitget's liquidity gains mirror an industrywide shift as exchanges such as Binance, OKX and Crypto.com compete to attract professional and institutional trader…

. A broad altcoin rally is unlikely, as crypto projects haven't generated enough excitement to stir traders into action, Bitget operating chief Vugar Usi Zade…

. Bitget picks Georgia for its next step in Eastern Europe, attracted by clear regulations, tax benefits, and a growing crypto user base..

. Eight crypto exchanges, custodians and wallets have joined a group formed to accelerate the adoption of tokenized assets..

. Vugar Usi Zade dispelled the myth that retail investors are no longer interested in Bitcoin and cryptocurrency..

. . Bitget, a cryptocurrency exchange with 100 million users, has announced a partnership with Avalanche to support community initiatives across India, one of…

. . Crypto exchange Bitget says it is sending letters from its lawyers to account holders it alleges were involved in manipulating the price of perpetual futur…

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