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Bitget Wallet Hack Steals $351.6M: Gracy Chen Points Finger at North Korea
Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
Cryptonews
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Sep 25, 2026 at 7:04 AM UTC · Updated vor einem Tag · 3 Min. Lesezeit
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Ahmed Barakat
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Ahmed Barakat
Part of the Team Since
Mar 2024
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Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
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The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for...
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Bitget detected a hack involving $351.6 million in unauthorized transfers from parts of its wallet infrastructure and says its User Protection Fund, which it claims holds more than $464 million, covers the entire loss. Withdrawals remain suspended pending a security review, though deposits and trading continue uninterrupted.
Bitget’s security systems flagged the unauthorized activity within minutes of it starting, and emergency response protocols were activated immediately, according to the exchange’s own incident notice. The exchange has said it will not speculate on the attack vector until its internal investigation is complete.
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