Bitget resumes Bitcoin withdrawals after $387.5 million crypto heist

Bitget resumes Bitcoin withdrawals after 7.5 million crypto heist
Bitget has resumed Bitcoin withdrawals after a suspected North Korean hacking group breached its systems and stole hundreds of millions of dollars from hot and warm wallets. The exchange said the vulnerability has been addressed, funds remain unaffected, and it will gradually restore withdrawals across other assets and networks while launching a Recovery Bounty Program. #Bitget #NorthKorea #GracyChen #Bybit #Elliptic

Keypoints

  • Bitget resumed Bitcoin withdrawals after a major security incident.
  • Attackers stole $351.6 million, later updated to $387.5 million in transferred assets.
  • The company said the flaw used in the breach has been fixed.
  • Withdrawals for ETH, USDT, and other assets will return in stages.
  • Bitget blamed North Korean hackers and launched a Recovery Bounty Program.

Read More: https://www.bleepingcomputer.com/news/security/bitget-resumes-bitcoin-withdrawals-after-3875-million-crypto-heist/