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breach watch The Register September 25, 2026

Bitget blames North Korea for $387.5M crypto wallet raid

Bitget blames North Korea for $387.5M crypto wallet raid
AI Summary

The CEO of crypto exchange Bitget has confirmed that a cyberattack with all the hallmarks of a North Korean operation resulted in approximately $387.5 million worth of digital assets being stolen from the exchange’s wallets. Bitget initially estimated the loss at $351.6 million, but later revised the figure to $387.5 million after identifying additional affected assets on Zcash and TRON that were not included in the initial estimate. Blockchain intelligence company Arkham published its prelimina

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