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Bitget Confirms $387.5 Million Theft Linked to North Korean Hackers

Bitget Confirms $387.5 Million Theft Linked to North Korean Hackers

First seen 1 Oct 2026, 10:58 UTC • •
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ThreatCluster AI
ThreatCluster •October 1, 2026 at 10:59 UTC
  • •Bitget confirmed a theft of $387.5 million linked to a zero-day vulnerability.
  • •The attack involved unauthorized transfers from hot and warm wallets across 11 blockchains.
  • •Bitget has resumed some transactions and plans full service restoration by October 2, 2026.

Cryptocurrency exchange Bitget confirmed that a theft of approximately $387.5 million was executed using a zero-day vulnerability in third-party security products. The attack, which began on September 24, 2026, involved unauthorized transfers from Bitget's hot and warm wallets. Bitget's investigation, conducted by SlowMist, revealed that attackers exploited a flaw to gain internal credentials and issue fraudulent withdrawal commands. The incident affected 11 blockchains, including Ethereum and XRP, and led to the freezing of $632,700 in assets by various platforms. The company has since resumed some customer transactions and plans to restore all services by October 2, 2026. Initial estimates of the stolen amount were lower but were revised after further analysis. The methods used in the attack are reportedly consistent with tactics employed by North Korean hacker groups.

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Timeline

2026-09-24
Bitget detects unauthorized transfers
Bitget halted transactions after discovering a theft of approximately $387.5 million from its wallets.
Thehackernews
2026-09-25
Attackers exploit zero-day vulnerability
The attackers used a zero-day flaw to gain internal credentials and issue fraudulent withdrawal commands.
Thehackernews
2026-09-28
Bitget resumes some transactions
Bitget began resuming Bitcoin, Ethereum, and Tether transactions after addressing initial security concerns.
Silicon
2026-10-02
Full service restoration planned
Bitget aims to restore all services, including fiat and peer-to-peer trading, by this date.
Silicon

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Common questions

What was the total amount stolen?
Approximately $387.5 million was stolen from Bitget's wallets.
What vulnerabilities were exploited?
A zero-day vulnerability in third-party security products was exploited to gain unauthorized access.
When will all services be restored?
Bitget plans to restore all services, including fiat and peer-to-peer trading, by October 2, 2026.