Search Results for "Bitget"
Bitget CEO Admits $388M Hack Recovery Unlikely: 'Not Expecting to Recover a Lot'
Bitget has frozen only a small portion of the $387.5 million stolen in last week's hack, and CEO Gracy Chen told CNBC the exchange does not expect to recover much of the funds. The exchange has, howev…
Blockchain Review: Near Intents Hacked for $3.8M Days After Denying North Korea-Linked Bitget Hacker
Near Intents froze its cross-chain swaps after a bug let an attacker drain about $3.8 million. The company promised to repay every user.
Blockchain Review: Bitget Hacker Turns to Zcash Privacy Pool After Near Rejects $50M in Swaps
The attacker behind the $387.5 million Bitget heist has started hiding about $3.8 million in ZEC inside Zcash's Ironwood pool, after Near Intents turned their swaps away. Stakeholders assess operation…
Crypto Markets in Focus: Stolen Bitget Funds Converted to BTC via CoW, Chainflip: Report Amid Shifting On-Chain Metrics
Security firm SlowMist says North Korean hackers are laundering funds stolen from Bitget by pairing CoW Protocol orders with Chainflip deposit addresses and then converting the proceeds to Bitcoin. Th…
Protocol Watch: Bitget hackers move $4 million into Zcash’s private pool, making funds harder to trace
Three transfers pushed about 15% of the stolen ZEC into Ironwood, where payments hide their senders, recipients and amounts. Stakeholders assess operational and strategic impacts following recent deve…
Crypto Markets in Focus: Crypto Wallets Can ‘Directly Compete With Neobanks Amid Shifting On-Chain Metrics
Bitget Wallet CMO Jamie Elkaleh tells Decrypt how the platform is evolving from a crypto wallet to a everyday finance app that seamlessly integrates crypto with TradFi, building on its vision of "Cryp…
THORChain Faces Backlash Over Stolen Bitget Funds Routed Through Swaps
Bitget's live tracker lists 2,377 attacker addresses, and 1,497 of them are marked as having moved funds through THORChain swaps so far.
Bitget Hacker Swaps $50M in Stolen Crypto, Testing NEAR Intents' 'Permissionless' Promise
The swap service NEAR Intents detected over $50 million in attempted transfers linked to the Bitget hacker, but most rejected funds subsequently moved through other providers. The incident tests NEAR …
Bitget Hack Losses Climb to $387M: Here’s What Happened, and Why North Korea Is a Suspect
An attacker faked internal transfer requests to drain $387.5 million from Bitget's hot and warm wallets, and the exchange's CEO says the fingerprints look like Pyongyang's.
Circle and Tether Freeze Stablecoins Tied to Bitget Hack—But Most Funds Slip Away
The two stablecoin issuers blacklisted a wallet labeled "Bitget Exploiter 8," locking about $318,000 in USDC and USDT—but the attacker swapped most funds into unfreezable ETH before they could act.
THORChain rejects Bitget request to block hacker as $6 million moves to bitcoin
CoinDesk found 27 successful swaps moving about 2,390 ETH into 75.2 BTC, even as Bitget urged THORChain to stop serving addresses tied to the $387.5 million theft.
Bitget hacker moves $83 million in stolen XRP that Ripple cannot freeze
Two wallets have been almost emptied and a third is being drained, with about $75 million remaining across the five original holding accounts.
