Tag: cryptocurrency exchange
8 articles
Bitget Breach Exposes Zero-Day Flaw in Third-Party Security Products
A staggering $387.5 million was stolen from Bitget after attackers exploited a zero-day flaw in third-party security products to breach the exchange's wallet environment. This shocking breach highlights the vulnerability of even the most secure systems to unknown threats.
Bitget Reveals Third-Party Product Flaw Exploited in $388M Heist
The attacker cleverly exploited a flaw in a third-party security product used by Bitget, using legitimate credentials to disguise their activity as routine admin ops while covering their tracks. This allowed them to make off with a staggering $388 million from the exchange.
Bitget Breach Exposes Third-Party Security Risk After $387.5m Wallet Hack
A whopping $387.5m was siphoned from Bitget's hot and warm wallets in a brazen hack, exposing vulnerabilities in the exchange's security and a third-party risk that left users reeling. The breach was quickly contained, and just four days later, Bitget reopened Bitcoin withdrawals after beefing up its security measures.
Bitget Resumes Bitcoin Withdrawals After $387.5 Million Crypto Heist
Bitget has resumed Bitcoin withdrawals after a brief pause, taken as a security measure following a $387.5 million crypto heist, and has shared a schedule to bring other withdrawal services back online. The exchange assured users that the temporary pause was not related to the availability of their assets.
North Korea Targets Bitget in $387.5M Crypto Heist
North Korean hackers pulled off a brazen $387.5 million crypto heist by infiltrating a key backend system of Bitget, a leading crypto exchange, and exploiting it to siphon off digital assets. The attack, bearing all the hallmarks of a sophisticated North Korean operation, left Bitget's cold wallets and customer balances remarkably unscathed.
US Sanctions Nobitex Crypto Exchange Over Terrorism Financing Links
The US Treasury has sanctioned Nobitex, Iran's largest crypto exchange, and several top executives, citing its role in supporting the regime and processing over 50% of Iranian digital asset inflows. This move is part of a broader effort to crack down on terrorism financing through cryptocurrency.
Grinex Probes Western Spy Role in $13m Crypto Heist
A bombshell accusation by Russian crypto-exchange Grinex claims that Western intelligence agencies, not ordinary hackers, were behind a staggering $13 million crypto heist. This shocking allegation raises more questions than answers, sparking a complex web of intrigue and suspicion.
Bithumb Unveils Post-Hack Recovery Strategy
In the wake of a crypto crisis, can the digital-asset ecosystem bounce back without shaking user trust? Bithumb's newly unveiled recovery strategy is a step in the right direction, but will it be enough to restore confidence after a string of high-profile hacks and mishaps?