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Tag: hot wallet exploit

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Cryptocurrency exchange trading floor with screens and terminals, hint of security monitoring area.

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.

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