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Bitget–Gracy Chen

Cryptocurrency exchange Bitget has begun restoring customer withdrawals after attackers exploited a zero-day vulnerability in a third-party security product to steal approximately $388 million. The company states that cold wallets and private keys were unaffected, and its user protection fund will cover the losses.

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Bitget has begun restoring customer withdrawals after a $388 million exploit.From: Bitget Resumes Withdrawals After $388 Million Hack Exploiting Third-Party Zero-Day Flaw

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The attackers executed the main drain in a seven-minute window before internal systems halted withdrawals.From: Bitget Resumes Withdrawals After $388 Million Hack Exploiting Third-Party Zero-Day Flaw ·
The stolen assets span multiple blockchains, with the total loss revised upward to include Zcash and TRON.From: Bitget Confirms $387.5 Million Loss in Backend System Hack, Suspects North Korea ·
Cybersecurity firms Mandiant and SlowMist have been retained to conduct a formal forensic investigation into the breach.From: Bitget Resumes Withdrawals After $388 Million Hack Exploiting Third-Party Zero-Day Flaw ·
Bitget has enlisted cybersecurity firms Mandiant and SlowMist to conduct a comprehensive security review of its infrastructure.From: Bitget Confirms $387.5 Million Loss in Backend System Hack, Suspects North Korea ·

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