
Chainalysis Links Bitget Hack to North Korea
Analytics firm Chainalysis attributed the September 2026 theft of approximately $387 million from crypto exchange Bitget to actors with ties to North Korea.
Published reporting linked to Bitget, including regulation, security, products, markets and operations.
View exchange profile →57 published stories · Newest first · 20 per page

Analytics firm Chainalysis attributed the September 2026 theft of approximately $387 million from crypto exchange Bitget to actors with ties to North Korea.

Bitget confirmed that attackers exploited a zero-day flaw in third-party security products to steal $387.5 million, with SlowMist identifying the vulnerability.

Chainalysis used AI to trace the $387 million Bitget hack to North Korea, pushing the country's 2026 crypto theft total past $1 billion.

Bitget CEO Gracy Chen expressed skepticism about recovering the $388 million stolen in a recent breach, citing Bybit’s limited success in freezing funds after its own hack.

Bitget has replenished its Protection Fund to $309 million after a $388 million hack, compensating users while withdrawals resume across major assets.

Blockchain intelligence firm BitOK identified approximately 87.82 BTC from the $387.5 million Bitget breach remaining in ten unspent Bitcoin outputs as of October 1.

Blockchain analytics firm Chainalysis attributed the $387 million theft from crypto exchange Bitget to North Korean-linked hacking groups, marking a significant portion of over $1 billion stolen in 2026.

Bitget criticized certain DeFi protocols for refusing to assist in tracing stolen funds following a $387.5 million hack, while crediting NEAR Intents for blocking laundering attempts.

Bitget revised its estimated security breach losses to approximately $387.5 million following forensic investigations by Mandiant and SlowMist.

Chainalysis attributed the $387 million Bitget theft to North Korean-linked hackers, raising total crypto losses from these actors in 2026 above $1 billion.

Chainalysis attributed the $387 million Bitget theft to North Korean actors, noting stolen XRP was converted to Bitcoin via cross-chain protocols.

Chainalysis used its in-house AI to reduce manual bridge reconciliation time from over 20 hours to under 10 minutes while investigating the $387 million stolen from Bitget.

Chainalysis attributes the September 2026 theft of $387 million from Bitget to North Korea-linked actors, marking a significant escalation in state-sponsored crypto crime.

Chainalysis attributed the $387 million Bitget theft to DPRK-linked actors, tracing funds across Ethereum, XRP, Zcash, and Tron using automated intelligence.

Wallets linked to the $387.5 million Bitget hack stranded about $700,000 in stolen crypto after automated transfers sent USDC and ETH to incorrect blockchain networks.

Cryptocurrency security breaches totaled $1.26 billion in the third quarter of 2026, driven largely by a $387.5 million exploit at Bitget.
Crypto exchange Bitget confirmed a $388 million cyberattack, with CEO Gracy Chen stating that only $1.1 million has been frozen so far.

Bitget temporarily suspended customer withdrawals after detecting unauthorized movement of approximately $351.6 million in cryptocurrency, stating that account balances remain unaffected.

Blockchain trackers report that stolen Bitget assets are being laundered via Tron and Bitcoin mixers, while stablecoin issuers have frozen only a fraction of the total loss.

Cryptocurrency exchange Bitget has replenished its emergency Protection Fund to over $300 million, fulfilling a pledge five days ahead of schedule following a September security breach.