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Crypto Security
138 TokenPost stories are tagged Crypto Security. The newest appear first.
Latest Crypto Security stories
- 218,023 USDT Linked to Bitget Incident Traced to Address 0xe07b…7d57
Tether appears to have frozen the funds after Circle blocked roughly 100,000 USDC tied to the same security incident on Sept. 25.
· Technology
- Bitget Confirms $351.6 Million Incident in Hot and Warm Wallets
The exchange said cold wallets and Bitget Wallet were unaffected, while withdrawals remain paused during a security investigation.
· Technology
- Tether Freezes 218,000 USDT Linked to Bitget Stolen Funds
Circle froze related assets 7 hours and 18 minutes earlier. The address was three transaction hops from Bitget’s initial stolen-funds address.
· Technology
- Magic Eden Says Vulnerability Is Tied to Limit Break Protocol
The NFT marketplace said it was not attacked and stopped using the protocol two years ago. Users were urged to revoke related authorizations while teams discuss halting asset transfers.
· Technology
- Circle Freezes 100,000 USD Coin (USDC) Linked to Bitget Theft
The address also held 218,000 USDT, which remained in place as of 8:01 a.m. ET (12:01 UTC) Sept. 25 after the funds had been idle for more than 2½ hours.
· Technology
- DCENT App Wallet Drain Takes 12.4 Million XRP From 7,393 Wallets
The drain continued through Sept. 25, with 638,920 XRP swept since Sept. 21 and 1,112 wallets targeted after the initial six waves.
· Technology
- XRP Was Largest Asset in $351.6 Million Bitget Crypto Drain
Bitget detected unauthorized transfers Sept. 24 from parts of its hot- and warm-wallet infrastructure. Withdrawals were suspended while deposits and trading remained operational.
· Technology
- Bitget Says $351.6 Million in Assets Were Affected in Security Breach
The exchange detected abnormal transfers from hot and warm wallets on Sept. 24 and temporarily suspended withdrawals while keeping deposits and trading operational.
· Technology
- Binance Tracks Bitget Stolen Funds and Supports Recovery Efforts
The incident involved an estimated $351.6 million in losses, while withdrawals remain paused during additional security checks.
· Technology
- 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.
· Technology
- 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.
· Technology
- 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.
· Technology
- 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.
· Technology
- 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.
· Technology
- 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.
· Technology
- 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.
· Technology
- KelpDAO Sues LayerZero, Co-Founder Over $292 Million rsETH Attack
The lawsuit seeks accountability for an April bridge attack that drained about 116,500 rsETH. LayerZero CEO Bryan Pellegrino said he will defend the claims in Vancouver.
· Regulation
- 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.
· Technology
- 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.
· Technology
- 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.
· Technology
- 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.
· Technology
- 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.
· Technology
- 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.
· Technology
- 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.
· Technology
- 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.
· Technology
- 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.
· Technology
- 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.
· Technology
- 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.
· Technology
- 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.
· Technology
- KelpDAO Files Civil Claim Against LayerZero Over $292 Million Hack
The claim names LayerZero Labs co-founder Bryan Pellegrino, who called it baseless and said he would defend himself in Vancouver.
· Regulation
- 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.
· Technology
- 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.
· Technology
- 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.
· Technology
- 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.
· Technology
- 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.
· Technology
- Payy Pauses Network After $1.92 Million USDC Drain
The funds were converted into about 683 ETH, with most later sent to three wallets. Deposits, withdrawals and card payments are paused.
· Technology
- Payy Network Halts All Transactions After Ethereum Bridge Attack
The bridge contract’s entire balance was transferred out. Deposits, withdrawals, transfers and card transactions remain suspended during the investigation.
· Technology
- Duelbits Cofounder Joe Says Hack Caused About $7 Million in Losses
The platform remains offline as the team investigates the incident and plans to replenish hot-wallet funds before resuming operations.
· Technology
- Meter Exploit Mints About $2.3 Million In Unbacked Wrapped MTRG
The attacker used Meter Passport on BNB Chain and sold part of the tokens through PancakeSwap. The activity was ongoing.
· Technology
- Cosmos Hub Recovers $2.2 Million in ATOM as 169,000 Escape
Validators halted the network for nearly 25 hours to move 1.23 million ATOM into a recovery address, but a later refund reached the attacker-linked wallet.
· Technology