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North Korea 'Very Likely' Behind $388 Million Hack of Crypto Exchange Bitget

Crypto exchange Bitget says North Korea is very likely behind a theft of about $387.5 million that did not require anyone to steal the keys to the vault. Security systems at the Seychelles-based platform flagged unauthorized transfers from some of its hot wallets at 18:31 UTC on Thursday, according to an official incident notice and a post from CEO Gracy Chen. The breach reached parts of Bitget’s hot and warm wallet layers. Cold wallets, which sit offline, were not hit. To be clear, the hack onl...

Read more at gizmodo.com

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