A $357 million hack of crypto exchange Bitget on Thursday was likely carried out by North Korea-linked hackers, pushing the nation-state’s haul from digital-asset thefts above $1 billion this year, according to analytics firm Elliptic Enterprises Ltd. The Bitget exploit showed similarities to previous attacks attributed to the Democratic People’s Republic of Korea, including how …
Crypto exchange Bitget reported an estimated $351.6 million in unauthorized transfers from some of its wallets and temporarily suspended withdrawals. “User funds are safe,” Chief Executive Gracy Chen said in a post on X early Friday in Singapore. “The full amount of this loss falls within the coverage of Bitget’s User Protection Fund, which currently …