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Bitget resumes Bitcoin 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 following a hack that drained roughly $387.5 million. Attackers breached a backend system in the exchange's wallet infrastructure, spoofed transaction data to trigger the authorization flow, and emptied hot and warm wallets across seven blockchains. On-chain tracing has been linked to North Korea. The rapid service restoration and the scale of the theft are driving discussion among security and crypto observers.

Why now: A major exchange hack attributed to North Korean actors, with withdrawals quickly restored, is significant news for crypto markets and security watchers.

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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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