{
  "id": 9806241,
  "title": "Bitget hit by $387.5 million hack",
  "url": "https://urgent.news/2026/09/25/bitget-hit-by-387-5-million-hack",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T18:32:00.000Z",
  "source": {
    "name": "Finextra",
    "slug": "finextra",
    "url": "https://www.finextra.com/newsarticle/48481/bitget-hit-by-3875-million-hack"
  },
  "original_language": "en",
  "account": null,
  "summary": "Bitget, a cryptocurrency exchange, has halted customer withdrawals after a hack. Hackers stole approximately $351.6 million, according to Gulf News, or more than $380 million, as reported by Finextra. The exchange suspects the hackers are linked to North Korea.\n\nThe hackers breached a critical backend system within Bitget's wallet infrastructure, spoofing transaction data and triggering the authorization process to move funds out. According to Bitget's Chief Executive Gracy Chen, private key compromise has been ruled out. The company has confirmed that the loss has been contained and there is no risk of further unauthorized transfers from the platform.\n\nBitget's security systems detected the unauthorized transfers from some of its hot wallets on September 24, 2026, at 18:31 UTC. The security team activated emergency response protocols immediately. Withdrawals remain suspended as technical teams work on repairs and additional security checks.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}