Bitget’s $388M hack pushes Q3 crypto security losses past $1B
Crypto security losses reached $1.26 billion in Q3 across 247 incidents, with September alone accounting for roughly $769 million. Source:Cointelegraph
Crypto hacks top $768M in September, worst month of 2026
The $388 million Bitget breach and $320 million Liquid Network exploit accounted for most of September’s losses, though more than $270 million from the latter…
Bitget ‘gradually back to usual’ as protection fund reaches $309M
Bitget CEO Gracy Chen said that a protection fund created by the company in 2022 “absorbed the financial impact of the incident“ that resulted in $388 million…
Could THORChain face prosecution over stolen Bitget funds?
THORChain will not — or can not — block addresses linked to the $387.5 million Bitget hack. Can the devs be prosecuted for money laundering? It’s complicated,…
SlowMist traces Bitget hack activity to Aug. 31 zero-day exploit
SlowMist identified malicious activity weeks before the Bitget theft, involving a zeroday vulnerability, two security products and a custom withdrawal tool.…
Bitget CEO ‘not very optimistic’ on recovering funds from $388M breach
Gracy Chen said she saw the 2025 Bybit hack as a “good reference point” for Bitget’s security breach, noting that only a small percentage of funds had been…
Near Intents blocks $50 million in Bitget hacker swaps, here's what happened
The swap service identified more than $50 million in attempted transfers, although most rejected funds subsequently moved through other providers.…
NEAR Intents says it blocked $50M tied to Bitget hackers
The crosschain protocol said it actively prevents stolen funds from being laundered, drawing a contrast with THORChain’s position that it does not selectively…
Bitget CEO says $388M hack exploited third-party security vulnerability
Some stolen assets have been frozen, but Bitget has yet to disclose how much has been recovered as investigators continue to assess a possible North Korea…
Bitget hacker moves $83 million in stolen XRP that Ripple cannot freeze
Two wallets have been almost emptied and a third is being drained, with about $75 million remaining across the five original holding accounts. Source:CoinDesk
Bitget's $352 million hack happened via spoofed transfers, not private keys, CEO Gray Chen says
Bitget lost $351.6 million after attackers compromised a wallet backend, spoofed transaction data, Chen said on X. Source:CoinDesk
Bitget CEO suspects North Korea behind $352M hack, citing IP clues
Bitget CEO Gracy Chen said a preliminary investigation found IP addresses matching VPN choices associated with a DPRK hacking group. Source:Cointelegraph