TokenPost reporter
Simon Yoon
Reporter
Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.
Stories by Simon Yoon
- Payy Halts Crypto Card Services After 1,832,149 USDC Drain
Payy paused deposits, withdrawals, transfers and card payments after its Ethereum bridge contract was exploited Sept. 24. The company has not disclosed customer losses or a restart date.
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- Bitget Says $351.6 Million Hack Losses Are Fully Contained
CEO Gracy Chen said a North Korean group was very likely behind the breach, while withdrawals remain suspended during a security review.
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- Bitget Keeps Cold Wallets Secure, Gives No Withdrawal Recovery Date
The exchange says the incident affected some exchange-held assets while withdrawals remain suspended pending a security review.
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- Bitget Says User Funds Will Not Be Affected After Hack
The exchange said its cold wallets remain safe, its protection fund exceeds $464 million and some hacker addresses have been frozen.
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- Bitget Says On-Chain Cold Wallets Safe, Some Hacker Wallets Frozen
Affected assets include Ether, XRP, BNB, AVAX, USDT and USDC across eight networks, while Bitget targets a full recovery without giving a timeline.
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- Payy Says Exploit Stole User-Held, Non-Custodial Deposits
The privacy-focused stablecoin payment network is pursuing asset recovery and analyzing the root cause of the incident.
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- Bitget Says $352 Million Hack Used Spoofed Transfers, Not Private Keys
CEO Gracy Chen said attackers compromised wallet infrastructure and triggered the exchange’s authorization process. The specific intrusion method remains under investigation.
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- Robinhood Chain Generated $6.6 Million in August Gas Revenue
The Ethereum layer-2 network also recorded $1.5 billion in decentralized-exchange volume and $711 million in total value locked during the month.
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- Bitget Reports $351 Million Unauthorized Transfer, Pauses Withdrawals
The exchange says its protection fund exceeds the loss, while Bitget Wallet remains unaffected and Bybit offers assistance tracking the funds.
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- SpaceX Filing Details Phased Colossus 2 Expansion
Colossus 2 had 110,000 GB200 and 110,000 GB300 processors online as of June 5, while a later estimate projects 612,200 B300 GPUs in the first quarter of 2027.
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- Bitget Reports $157.5 Million in XRP Transfers After Wallet Breach
Unauthorized transfers affected parts of Bitget’s hot and warm wallets, while cold wallets remained secure and withdrawals were temporarily suspended.
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- Bitget Says Hot-Wallet Attack Drained About $351.6 Million
Cold wallets and most platform assets were unaffected, while withdrawals remain suspended during a security review.
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- Bybit CEO Pledges Help to Recover Bitget’s Stolen Crypto
Ben Zhou said Bybit will update its LazarusBounty platform to trace the funds and support recovery efforts.
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- Bybit CEO Offers Bitget Help After $351.6 Million Security Incident
Bitget is repairing its systems, investigating unauthorized transfers and preparing to resume withdrawals after confirming security.
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- Bitget Wallet Says Security Incident Did Not Affect User Assets
The self-custody wallet operates independently from Bitget’s exchange and says preventive checks found no security impact.
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- Solana Moves Alpenglow Upgrade to Public Testnet for 150ms Finality
The test phase replaces TowerBFT with Votor and requires validators to run Agave 4.3. Mainnet activation is tentatively scheduled for Sept. 28.
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- Bitget Commissions Independent Security Probe Before Restoring Withdrawals
Multiple teams are validating remediation measures and tracing the attack route while Bitget says its protection fund can cover related losses.
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- Bitget Commissions Independent Forensic Probe Into Attack
Multiple security teams will verify remediation measures, trace the attack route and support law enforcement cooperation before withdrawals resume.
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- Musk Says SpaceX Could Reach AI Pole Position in Six Months
Musk said SpaceX’s AI model could match Anthropic’s Fable or OpenAI’s GPT-6 in two to three months if its development pace continues to accelerate.
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- Bitget Says Protection Fund Can Cover $351.6 Million Attack Losses
The exchange said user assets remain unaffected after abnormal transfers from some hot wallets, while withdrawals remain temporarily suspended.
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- Bitget Theft Linked On-Chain to Funds From July AFX Hack
Stolen XRP allegedly moved through a chain connected to roughly $24 million taken in the AFX attack. The link remains unconfirmed.
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- Bitget Attack Drains About $357 Million in Crypto Assets
The stolen funds include about 102.9 million XRP and 31,890 ETH, alongside stablecoins and other tokens.
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- Bitget CEO Says Withdrawals May Pause Up to Two Days After Attack
Gracy Chen said some attack IP addresses matched VPN patterns linked to a North Korea-related group, though the attackers’ identities remain unconfirmed.
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- Bitget Says North Korean Hackers Not Ruled Out in $351.6M Attack
CEO Gracy Chen said investigators found technical similarities to a North Korean hacking group but have not confirmed who carried out the attack.
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- Bitget Confirms $351 Million Theft From Exchange Hot Wallets
The exchange said cold wallets were not affected and that a protection fund exceeding $464 million covers the reported loss.
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- Bitget Hack Addresses Hold About $157 Million in XRP Across Seven Wallets
Seven Ripple network addresses contain roughly 102.9 million XRP, alongside additional assets held across EVM and TRON addresses.
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- Bitget Keeps Withdrawals Suspended Until Security Checks Are Complete
CEO Gracy Chen said some affected funds may be recoverable, but the exchange has not set a reopening date.
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- Bitget Says Hackers Breached Wallet Backend, Private Keys Safe
CEO Gracy Chen said the attack enabled fraudulent transfer information and unauthorized signing, while further losses have been contained.
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- Lightning Labs Discloses High-Severity Bug That Could Falsely Mark Invoices Paid
Older versions of taproot-assets, lnd and Lightning Terminal could show canceled Bitcoin payments as settled even after funds returned to senders.
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- Bitget CEO Links $351.6M Hack to North Korea via IP Clues
Gracy Chen said preliminary findings showed similarities with past North Korean attacks. Withdrawals remain suspended while investigators assess the breach.
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- Bitget CEO Describes Preliminary Attack Path After Exchange Attack
Gracy Chen said attackers may have compromised a tool used by Bitget and affected a backend wallet system, while the final path remains under review.
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- Bitget Says $351.6 Million in Stolen Funds Remains at Issue
CEO Gracy Chen said 19 transfers involved hot and warm wallets, while cold wallets were not affected. Withdrawals remain suspended during a security review.
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- Bitget CEO Says Attack Bypassed Systems, Withdrawal Restart Has No Date
Gracy Chen said the incident did not involve leaked keys, but withdrawals remain paused while teams secure multiple assets and networks.
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- Bitget Loses About $193 Million in Assets Linked to EVM Chains
The attacker now holds roughly 68,500 Ether worth about $184 million after converting stolen stablecoins and other assets.
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- Bitget Attacker Converts $183 Million in Stolen Funds Into Ether
The attacker exchanged most of the roughly $351.6 million taken from Bitget-linked EVM-chain assets for 67,982 ETH.
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- Duelbits Takes Platform Offline After $7 Million Hot-Wallet Hack
The crypto gambling platform is investigating the breach and plans to replenish its hot wallet before resuming operations.
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- Bitget Suspends Withdrawals After $351.6M in Unauthorized Transfers
The exchange said the transfers affected part of its hot and warm wallets on Sept. 24, while its User Protection Fund covered the full amount.
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- Bitget Reports $351.6 Million Loss From Unauthorized Transfers
The exchange suspended withdrawals during a security review but kept deposits and trading operational, saying its User Protection Fund covered the estimated loss.
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- Bitget Reports $351.6M Wallet Breach, Freezes Withdrawals
The exchange said deposits and trading remain active, while its protection fund exceeds the estimated loss.
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- Bitget-Linked Wallets Move Estimated $183 Million Across Chains
The transfers included Ether, USDT0, USDC, Avalanche, BNB and tokenized gold. Bitget had not confirmed a hack or disclosed the total loss.
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