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Cryptocurrency exchange Bitget suffered a major security breach attributed to suspected North Korean hackers, resulting in the theft of over $350-387.5 million in cryptocurrency. The exchange suspended Bitcoin withdrawals following the incident and has since resumed them. The attack is part of a broader pattern of North Korean state-sponsored threat actors targeting cryptocurrency platforms to fund regime operations. The breach highlights ongoing risks to centralized crypto exchanges from sophisticated nation-state actors. Bitget has taken steps to restore operations and secure its systems following the incident.

Affected products

  • Bitget cryptocurrency exchange

Related threat actors

  • Lazarus Group
  • North Korean APT

Categories

  • Critical Infrastructure
  • Data Breach & Exfiltration
  • Emerging Technologies