Crypto exchange Bitget has stopped allowing customer withdrawals following the ​theft of crypto worth approximately $351.6 million in ‌a hack, it said, adding all user funds were safe.

Company says action was ‘highly consistent’ with methods of North Korean criminals

Bitget said private keys were not compromised and that the incident did not affect its separate self-custodial Bitget Wallet product, with exchange withdrawals remaining suspended.

Bitget a activé son fonds de protection pour couvrir les pertes, tandis que les retraits restent suspendus.

A newly created wallet drained hot and cold reserves labeled as belonging to Bitget across multiple blockchains in under an hour.

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The exchange says private keys were not stolen, a bitcoin-backed protection fund covers the loss, and withdrawals stay frozen while it investigates.

​Cryptocurrency exchange Bitget disclosed today that suspected North Korean hackers have stolen $351.6 million from its hot and warm wallets.

Crypto exchange Bitget has stopped allowing customer withdrawals following the ​theft of crypto worth approximately $351.6 million in ‌a hack, it said, adding all user funds were safe.

Bitget lost roughly $351.6 million in a hot wallet hack that its CEO says matches the patterns of known North Korean threat actors.

Crypto exchange Bitget has stopped allowing customer withdrawals following the ​theft of crypto worth approximately $351.6 million in ‌a hack, it said, adding all user funds were safe.

North Korean cybercriminals are likely behind this year’s largest virtual heist so far, which resulted in the theft of $351.6 million from Seychelles-based cryptocurrency exchange Bitget, according to the head of the company. After announcing on X that security systems had detected “unauthorized transfers” from internet-connected “hot wallets” at 6:31 p.m. UTC on Thursday, Bitget […] The post North Korean cybercriminals linked to $352M heist from crypto exchange Bitget appeared first on NK PRO.

Cryptocurrency exchange Bitget said that crypto worth roughly $350 million had been stolen from the platform, underscoring the industry's vulnerability to hackers.

🚨 Bitget - reportedly hacked for $100M in $USDT, $ETH, $BTC, $AVAX, $BNB and more. Users are reporting blocked withdrawals, and assets are moving from the Bitget cold wallet. Under investigation by our team.

**ID:** N25-10