Bitget says a backend compromise let attackers trigger fraudulent approvals and drain an estimated $387.5 million from hot and warm wallets, while cold storage stayed untouched. Investigators are probing the breach, with North Korean involvement still unproven.
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BtcTurk Hit by $48M Suspicious Outflow: Crypto Transactions Halted Amid 2024 Exchange Hack Wave A major Turkish cryptocurrency exchange, BtcTurk, is reeling from a potential security breach after over $48 million in digital assets were siphoned from its wallets in what blockchain security firm Cyvers Alerts has flagged as “unusual activity.” The incident, affecting multiple […]
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Phemex Exchange Hacked for at Least $37 Million: A Deep Dive into the Breach In a brazen digital heist, hackers swiped at least $37 million from Phemex, a prominent Singapore-based crypto exchange. This incident casts a sharp light on the persistent security risks that continue to haunt the cryptocurrency world. Phemex hack confirmed At least […]
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