Bitget has resumed Bitcoin withdrawals after a suspected North Korean hacking group breached its systems and stole hundreds of millions of dollars from hot and warm wallets. The exchange said the vulnerability has been addressed, funds remain unaffected, and it will gradually restore withdrawals across other assets and networks while launching a Recovery Bounty Program. #Bitget #NorthKorea #GracyChen #Bybit #Elliptic

Bitget CEO Gracy Chen says the exchange's $388M hack stemmed from a third-party security vulnerability that exposed internal credentials. Private keys and cold wallets were unaffected. Investigations into a potential North Korea link remain ongoing, with firms Mandiant and SlowMist assisting.