TechFortune1h ago

Bitget CEO Gracy Chen says she suspects North Korean attackers

Bitget CEO Gracy Chen says she suspects North Korean attackers exploited a backend system used to process wallet transactions to drain $387M from the platform

Bitget CEO Gracy Chen says she suspects North Korean attackers

TL;DRBitget lost $387M in a suspected North Korean hack targeting wallet transaction systems.

Why it matters: Highlights ongoing vulnerability of centralized crypto exchanges to state-sponsored attacks despite security measures.

Another major hack has rattled the cryptocurrency world. On Thursday night, crypto exchange Bitget suffered a security breach …

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Source: Fortune · Opens in new tab