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Exchange hacked for 387 million, the market didnāt even bat an eye
Bitgetās hot wallet was taken down late on the 24th. The initial report was 350 million, but as it was dug further, it turned out to be 387 million. BTC, ETH, XRP, and USDT were all moved out. The blame was pinned on North Koreaās Lazarusāthese folks have already stolen more than $1 billion this year, and itās still ongoing. The most āwildā part is that BGB is down less than 5%, while the broader market is up about 10% over the weekāso altcoins are still rising when they should. The attacker dumped 19.7 million U in just 6 minutes to get 7,111 ETH, accepting a 5% premium. What they fear is getting funds frozen.
#Bitget #BTC #North Korean hackers
Bitgetās hot wallet was taken down late on the 24th. The initial report was 350 million, but as it was dug further, it turned out to be 387 million. BTC, ETH, XRP, and USDT were all moved out. The blame was pinned on North Koreaās Lazarusāthese folks have already stolen more than $1 billion this year, and itās still ongoing. The most āwildā part is that BGB is down less than 5%, while the broader market is up about 10% over the weekāso altcoins are still rising when they should. The attacker dumped 19.7 million U in just 6 minutes to get 7,111 ETH, accepting a 5% premium. What they fear is getting funds frozen.
#Bitget #BTC #North Korean hackers