Cryptocurrency exchange Bitget says hackers steal $351.6 million from its wallets after gaining unauthorized access. The company says the stolen funds are linked to its hot wallet holdings, and it does not report user funds being lost. The disclosure comes after an intrusion involving wallet systems used for cryptocurrency transactions.
Bleeping Computer reports that Bitget attributes the activity to suspected North Korean hackers and says the theft involves both hot and warm wallets. The Punch also reports the same overall figure and describes the attack as unauthorized access to hot wallets, adding that user funds are reportedly safe. Across the outlets, the key points are the amount taken, the role of Bitget’s wallet infrastructure, and Bitget’s position that customers’ funds are protected.