Mmastodon BusinessCrypto first seen 8 h ago, last 32 min ago, peak #7

Bitget resumes BTC withdrawals after $387.5M hack

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 after attackers stole roughly $387.5 million. Investigators say hackers 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 points to North Korea-linked actors, and the incident is drawing attention to exchange security.

Why now: The scale of the theft and its suspected North Korean links make it a major crypto security story.

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Rank over time, top of the chart is #1. 7 snapshots from 8 h ago to 32 min ago.

Evidence

• 🤖 Bitget resumes BTC withdrawals after a $387.5M heist. Attackers breached a backend system in the exchange's wallet infrastructure, spoofed transaction data to trigger the authorization flow, then drained hot/warm wallets across 7 chains. DPRK-linked, per on-chain tracing. 🔗… · cloud@infosec.exchange · 1

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