North Korean hackers suspected in $351M crypto theft, the largest so far this year

Crypto exchange Bitget reported a theft of approximately $351.6 million from its hot and warm wallets on Thursday. The company detected unauthorized transfers at 18:31 UTC and subsequently suspended all withdrawals. Bitget suspects North Korean hackers are responsible for the attack, which marks the largest crypto theft recorded so far this year. Chief executive Gracy Chen addressed the incident during a livestream on X while investigators traced the IP addresses involved in the breach.