Topic

State-linked crypto theft

Cryptocurrency thefts attributed to government-backed hacking groups, notably those linked to North Korea.

Current clusters

invest1 publisher

Bitget's attacker pulls $1.23 million out of Binance into a wallet linked to the hack

Bitget's attacker withdrew $1.23 million from Binance into a wallet linked to a breach now put at up to $387.5 million. For Bitget customers the exposure stays with Bitget, whose $464 million protection fund covers the loss with at least $76.5 million to spare.

Publishers:cryptobriefing.com

Reality

Evidence35
Adoption: Insufficient
Hype gap+15
Incentives: Insufficient
Confidence38

leadership1 publisher

Bitget says spoofed backend data drained $351.6 million from its hot and warm wallets

Bitget lost about $351.6 million from its hot and warm wallets after attackers spoofed transaction data in a backend system, the exchange said. Cold storage held and a $464 million fund covers the loss, while about 45% of the haul is native XRP that no one can freeze.

Publishers:news.bitcoin.com

Reality

Evidence60
Adoption: Insufficient
Hype gap+15
Incentives65
Confidence58