Crypto

Bitget CEO ‘not very optimistic’ on recovering funds from $388M breach

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Bitget CEO confirms ‘loss containment’ after $352M hack: ‘Very likely a North Korean group’

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Bitget CEO Details How Attackers Stole Approximately $380M In a September 28 livestream, Bitget CEO Gracy Chen @GracyBitget said attackers exploited a zero-day vulnerability in a third-party security product to obtain internal credentials. They used those credentials to access

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Bitget CEO Gracy Chen Formally Asks THORChain to Reject Transactions from Exploiter Addresses On-chain tracking platform MistTrack, an arm of SlowMist, pointed out that following an earlier exploit of Bybit where nearly $1.2 billion in stolen funds was routed through THORChain

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Bitget CEO Gracy Chen said that at 2:31 p.m. ET on September 24, the exchange detected unauthorized transfers from some hot wallets, with approximately $351.6 million affected. Bitget said its cold wallets remain secure and the breach was limited to portions of its hot and warm

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Bitget CEO Gracy stated during a livestream that while the attacker's identity cannot yet be confirmed with 100% certainty, the incident is highly likely linked to North Korean hackers; certain IP addresses closely match VPN patterns used by a group associated with the DPRK. The

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Bitget CEO links $351M exchange breach to North Korean hackers

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Bitget CEO Says $350 Million Hack May Trace Back to North Korea

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Bitget CEO says $388M hack exploited third-party security vulnerability

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Bitget CEO Says Exchange Can Absorb $300M+ Loss After Hack

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Bitget CEO suspects North Korea behind $352M hack, citing IP clues

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Bitget CEO Talks About the $387 Million Hack. Is the Exchange Safe?

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Bitget CEO: $350M Hack Very Likely Linked to North Korea On September 24, Bitget detected unauthorized transfers from several hot wallets. Bitget CEO Gracie Chen @GracyBitget said the team identified IP addresses whose VPN usage patterns matched those associated with a

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Bitget CEO: A Fake Interview Cost Me $80,000 On September 24, Bitget CEO Gracy Chen @GracyBitget shared her experience of being targeted by the Lazarus Group. The attackers first compromised the official Twitter account of a major crypto media outlet, then impersonated a

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Bitget CEO: After FTX, I Don’t Think Major Exchanges Would Comingle User Funds On September 24, Bitget CEO Gracy Chen @GracyBitget said the collapse of FTX was a hard lesson for the entire industry, and that she does not believe major exchanges today would intentionally

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Bitget CEO: We're Not Going Anywhere, IPO in About Three Years During an emergency livestream on September 24, roughly three and a half hours after Bitget detected unauthorized transfers involving about $350 million, CEO Gracy Chen @GracyBitget responded to claims that the

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Bitget CEO: Why Withdrawals Were Paused and Restored in Phases Bitget CEO Gracy Chen @GracyBitget said during a September 28 livestream that the security incident affected the exchange’s withdrawal infrastructure across multiple chains and assets. As a result, each chain had to

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Bitget clarifies $388M in assets affected by security breach

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BITGET COLLAPSE: The Real Reason This Exchange Failed CryptoTips

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Bitget Confirms $351.6 Million Hot Wallet Breach

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Bitget Confirms $351.6M Hot Wallet Breach And Pauses Withdrawals

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Bitget Confirms $351.6M Security Incident; Cold Storage Remains Secure

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Bitget confirms $352M security breach, suspends withdrawals

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Bitget confirms a $351M security breach @bitget says unauthorized transfers drained about $351.6M from a limited number of its hot wallets today, first detected at 18:31 UTC. The exchange says its cold wallets are untouched and user balances remain accurate. Withdrawals are

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