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Last updated: 2026-10-08 05:44:10 ET
Bitget hack update links North Korean hackers to the $387 million theft, showing how stolen XRP became Bitcoin across blockchains.
Bitget has frozen a tiny fraction of the $387.5 million stolen in last week’s hack, and restored much of its protection fund.
The platform said it will compensate users affected by the hack, which stemmed from a bug that affected deposits and withdrawals.
Crypto security losses reached $1.26 billion in Q3 across 247 incidents, with September alone accounting for roughly $769 million.
The $388 million Bitget breach and $320 million Liquid Network exploit accounted for most of September’s losses, though more than $270 million from ...
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