crypto exchanges

Investigators assess that North Korea's state-linked hackers were 'likely' responsible for a $388 million theft from crypto exchange Bitget, one of the largest digital-asset heists on record. The attack adds to a pattern of North Korean cyber operations targeting exchanges to fund the regime, renewing scrutiny of crypto security and sanctions enforcement.

Roughly $183 million in crypto has reportedly disappeared from a Bitget exchange wallet, prompting alarm among users who worry the exchange has been hacked. The movement of funds is circulating widely on crypto forums and news outlets, with traders questioning the safety of their holdings and awaiting an official explanation from Bitget about whether the transfers were an internal operation or a security breach.

Crypto exchange Bitget has reportedly suffered a breach exceeding $387 million, with North Korean hackers facing scrutiny over the attack. If confirmed, it would rank among the largest thefts from a digital asset platform, renewing concerns about the security of exchanges and North Korea's alleged crypto-funded weapons programme. Industry observers are calling for tighter safeguards and coordination on stolen funds.

Crypto exchange Bitget has increased its estimate of losses from a recent hack to $387.5 million and announced a plan to restart user withdrawals. The revised figure makes it one of the larger crypto security incidents, and users are watching closely for details on when withdrawals will resume and how the exchange plans to cover the shortfall.