Bitget says suspected North Korean hackers stole $351.6 million from exchange hot and warm wallets

Cryptocurrency exchange Bitget says attackers stole $351.6 million from a limited number of its exchange wallets and it has temporarily halted withdrawals while it investigates. The company said the intruders compromised a critical backend wallet-service system, spoofed transaction data, and triggered the authorization-signing process to move funds across Ethereum, XRP Ledger, Arbitrum, Avalanche, Optimism, BSC, and Base. Cold wallets and the separate Bitget Wallet product were not affected, and Bitget says customer losses will be covered by its protection fund.
Why it matters: This is a major exchange breach affecting a widely used crypto platform, with immediate risk for customers whose withdrawals are frozen and broader implications for trust in exchange wallet infrastructure. Bitget users should watch for official updates, verify balances through trusted channels, and be alert for follow-on scams or phishing tied to the incident.

Sources

Bitget hacked via zero-day in third-party security products
Sergiu Gatlan 2026.09.30 98% relevant
This is a direct update on the same Bitget theft event, adding incident-response findings from SlowMist and Mandiant that the attackers first compromised two unnamed third-party security appliances with zero-days, deployed a web shell and malware, moved laterally into the wallet job server, and used a custom withdrawal tool during the September 25 heist.
Bitget blames North Korea for $387.5M crypto wallet raid
2026.09.25 98% relevant
This source updates the same Bitget theft with a revised loss total of $387.5 million, says additional Zcash and TRON assets were affected, reports Bitget's attribution to North Korea, and adds Bitget's statement that a wallet-service backend system was breached to forge transfer information without private key leakage.
Crypto CEO accuses North Korea of stealing $387 million from Bitget platform
2026.09.25 97% relevant
This source updates the same Bitget theft with a higher loss estimate of $387.5 million, adds that withdrawals were suspended, says attackers breached a backend wallet-services system, and notes Bitget's public attribution to North Korea/Lazarus along with fund-freezing and bounty efforts.
North Korea Suspected in $351 Million Bitget Crypto Heist
Eduard Kovacs 2026.09.25 97% relevant
This article appears to cover the same Bitget theft event and adds that Bitget now says the attack pattern is highly consistent with North Korean actors, that a critical backend wallet system was compromised rather than private keys, and that some attacker-linked wallet addresses have been frozen.
Bitget Says Suspected North Korean Hackers Stole $351.6M After Backend Compromise
info@thehackernews.com (The Hacker News) 2026.09.25 99% relevant
This appears to be the same underlying event: Bitget attributing the $351.6 million theft to suspected North Korean hackers and adding that the compromise involved its backend systems.
Hackers steal $351.6 million in Bitget crypto exchange hack
Sergiu Gatlan 2026.09.25 100% relevant
This article establishes a distinct new breach event at Bitget, including the victim, estimated loss amount, suspected actor attribution, affected wallet infrastructure, and immediate operational impact.
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