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#5 The Hacker News general September 28, 2026 at 17:42 UTC

Bitget Says Attacker Exploited Third-Party Security Product Flaw to Steal $388M

By [email protected] (The Hacker News)

AI Summary

Cryptocurrency exchange Bitget lost approximately $388 million on September 24, 2026, after an attacker exploited a vulnerability in an unnamed third-party security product to obtain high-level internal credentials, which were then used to issue fraudulent withdrawal commands to Bitget's wallet system. The breach represents one of the largest single crypto exchange thefts on record; Bitget has since resumed Bitcoin withdrawals, with North Korean hackers suspected.

Relevance score: 84.0/100

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