Bitget Hack Losses Climb to $387M: Here’s What Happened, and Why North Korea Is a Suspect

An attacker faked internal transfer requests to drain $387.5 million from Bitget's hot and warm wallets, and the exchange's CEO says the fingerprints look like Pyongyang's.

The top 3

1. Bitget Security Breach: $387M Stolen in Sophisticated Attack: An unauthorized attacker exploited Bitget's internal transfer system to drain $387.5 million from hot and warm wallets, with CEO Gracy Chen pointing to North Korean-linked actors.
2. Top 3 Largest Crypto Exchange Hacks in History: A comparison of the most devastating security breaches that have reshaped exchange safety protocols and user trust.
3. The Lazarus Group: Most Prolific Crypto Hackers: An overview of the state-sponsored entity frequently linked to major multi-million dollar cryptocurrency thefts.

Sources

• Cointelegraph
• Decrypt

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