NewsPublished 28 Sep 2026

Bitget resumes Bitcoin withdrawals after $387.5 million crypto heist

Source Bleeping Computer

Description

Cryptocurrency exchange Bitget experienced a major security breach resulting in the theft of over $350 million in Bitcoin, allegedly by North Korean hackers. Following the incident, Bitget suspended Bitcoin withdrawals but has now resumed them. The breach highlights significant risks in cryptocurrency exchange security.

Impact

The breach resulted in a substantial financial loss exceeding $350 million in Bitcoin. The incident undermines trust in the affected exchange and highlights the potential for large-scale thefts in the cryptocurrency sector. There is no information on further impacts such as data exposure or ongoing exploitation.

Defensive guidance

The exchange has resumed Bitcoin withdrawals, implying containment measures may be in place. Stakeholders should monitor official communications from Bitget for updates and exercise caution when transacting with the exchange. No direct mitigation actions can be recommended without further technical details.

Summary

Bitget, a cryptocurrency exchange, was breached by suspected North Korean threat actors who stole more than $350 million worth of Bitcoin. The exchange temporarily suspended Bitcoin withdrawals to contain the incident but has since resumed them. No detailed technical information about the breach method or vulnerability exploited has been provided.

References

bleepingcomputer.com/news/security/bitget-resumes-bitcoin-withdrawals-after-3875-million-crypto-heist/ (opens in a new tab)

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Description

AI analysisMachine-generated, updated 28 Sep 2026, 09:48 UTC

References

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