ITG

Investigators assess that North Korea was likely behind a $388 million theft from crypto exchange Bitget, in what would be one of the largest cryptocurrency heists attributed to the regime. The news is drawing attention for the scale of the loss and North Korea's growing record of targeting digital asset platforms to fund state activities.

Roughly $183 million in crypto has disappeared from a Bitget exchange wallet, prompting fears among users that the exchange has been hacked. The movement of funds triggered alarm on social media, with traders questioning the security of their holdings and whether the transfer was an internal operation or a breach. Bitget has not yet been confirmed to have issued a full explanation, and users are awaiting clarification from the company.

Crypto exchange Bitget has resumed user withdrawals following a security breach that resulted in roughly $388 million in losses. The exchange paused withdrawals while it assessed the incident and moved to secure the platform, and says operations are now returning to normal. The size of the loss makes it one of the larger crypto security incidents reported recently, and traders are watching for further details on how the breach occurred and whether affected users will be made whole.

Crypto exchange Bitget has resumed Bitcoin withdrawals after halting them in response to roughly $387.5 million in malicious transfers, an incident it described as abnormal movements of user funds. The exchange says it is working to recover the affected assets and that user balances are backed. Traders are watching how the platform handles the recovery and what the disruption means for confidence in the exchange.

Crypto exchange Bitget says the hacker behind a $388 million theft from its platform first probed the exchange's risk controls with small test transfers before moving the full amount. The disclosure from the CEO offers new detail on how the attack unfolded and is drawing attention to exchange security practices and how quickly large-scale thefts can be executed once defenses are mapped.

Crypto exchange Bitget has suffered a major security breach in which roughly $387.5 million was stolen. Attackers exploited zero-day vulnerabilities in two third-party security appliances to access hot and warm wallets holding ETH, XRP, BNB, AVAX, USDT and USDC. Security researchers are urging organisations to suspend similar systems and monitor vendor advisories, warning the exploited flaws could affect other users of the same appliances.

The historic Picnic restaurant on the Sitges seafront promenade has shut its doors after seven decades in business. The establishment served four generations of owners and welcomed some 500 customers at its farewell event. Its future remains uncertain, with the building slated for demolition, prompting nostalgia and concern among locals and longtime visitors.

Crypto exchange Bitget has been hacked through a zero-day vulnerability in third-party security products, according to a report by BleepingComputer. The breach reportedly did not stem from Bitget's own systems but from external security software the exchange relied on. Details on stolen funds, the vendor involved, and the number of affected users have not yet been confirmed.

A social media commentator has quipped that an apocalypse caused by the Teletubbies would feel fitting for what they call an infantilized zeitgeist, pairing the remark with hashtags about AI, tech and Silicon Valley. The joke, framed as cultural commentary tagged #meta and #thenerdreich, laments the state of the times while suggesting that childish destruction would be 'sad, but apt'.