NewsPublished 25 Sep 2026

Hackers steal $351.6 million in Bitget crypto exchange hack

Source Bleeping Computer

Description

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

Impact

The theft resulted in a direct loss of approximately $351.6 million from Bitget's hot and warm wallets. Despite the breach, cold wallets and most platform assets remain secure, and customer account balances are unaffected. Deposits and trading operations continue normally. The User Protection Fund will cover the financial losses, mitigating direct financial impact on customers. The incident disrupts withdrawal services temporarily and may affect customer trust and exchange reputation.

Defensive guidance

Bitget has suspended withdrawals to prevent further unauthorized transfers and is investigating the breach with law enforcement and cybersecurity experts. The company has frozen some hacker wallet addresses and confirmed no further unauthorized transfers are possible. The User Protection Fund covers all losses, and customer balances remain accurate. Users should monitor official Bitget communications for updates on withdrawal resumption. No additional user action is currently required as the self-custodial Bitget Wallet was not affected.

References

bleepingcomputer.com/news/security/hackers-steal-3516-million-in-bitget-crypto-exchange-hack/ (opens in a new tab)

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Description

AI analysisMachine-generated, updated 25 Sep 2026, 08:47 UTC

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