Tag: hot wallet exploit
2 articles
Hackers Exploit BTCPay Server Flaw to Drain $1.63M in Cryptocurrency
Outdated BTCPay Server instances left hackers an open door to drain $1.63M in cryptocurrency from hot wallets, with attackers gaining admin access to sweep funds from vulnerable servers. Updating to the latest version is crucial, but it may be too late for those already compromised.
North Korean Hackers Steal $351.6M from Bitget in Backend Compromise
In a shocking security breach, North Korean hackers made off with a whopping $351.6 million from cryptocurrency exchange Bitget, compromising a limited number of hot wallets. Fortunately, customer account balances remain intact and trading operations are still running smoothly, with withdrawals temporarily paused while the company conducts a thorough security review.