Bitget blames North Korea for $387.5M crypto wallet raid
The CEO of crypto exchange Bitget has confirmed that a cyberattack with all the hallmarks of a North Korean operation resulted in approximately $387.5 million worth of digital assets being stolen from the exchange’s wallets. Bitget initially estimated the loss at $351.6 million, but later revised the figure to $387.5 million after identifying additional affected assets on Zcash and TRON that were not included in the initial estimate. Blockchain intelligence company Arkham published its pre