#circletetherfreezebitgethackerwallet
🔧 Bitget lost $387.5M without losing a single private key.
Bitget detected unauthorized transfers at 18:31 UTC on Sept. 24, with the estimated loss later rising from $351.6M to $387.5M as tracers added ZEC, TRX and other chains.
The interesting part: attackers reportedly spoofed backend transaction data, while Bitget’s own authorization process signed the payouts as routine transactions. Cold wallets were never touched.
Tether and Circle froze $318K in stablecoins, while the $464M Protection Fund is set to absorb the loss. Withdrawals are expected to resume Sept. 28.
Bitget’s BGB fell ~3.3%. Gracy Chen blamed North Korean groups.
#Bitget #CryptoSecurity #crypto #BGB
🔧 Bitget lost $387.5M without losing a single private key.
Bitget detected unauthorized transfers at 18:31 UTC on Sept. 24, with the estimated loss later rising from $351.6M to $387.5M as tracers added ZEC, TRX and other chains.
The interesting part: attackers reportedly spoofed backend transaction data, while Bitget’s own authorization process signed the payouts as routine transactions. Cold wallets were never touched.
Tether and Circle froze $318K in stablecoins, while the $464M Protection Fund is set to absorb the loss. Withdrawals are expected to resume Sept. 28.
Bitget’s BGB fell ~3.3%. Gracy Chen blamed North Korean groups.
#Bitget #CryptoSecurity #crypto #BGB
