Tag: Hacks

Bitget confirmed about $387.5 million moved to attacker addresses on Sept. 24, up from an initial $351.6 million after adding Zcash and TRON assets. CEO Gracy Chen said attackers spoofed transaction data in a compromised wallet backend; private keys and cold wallets were not taken. A User Protection Fund of more than $464 million is slated to cover the loss. Withdrawals restart in phases from Sept. 28. Bitget said onchain tracing now puts...

Revolut confirmed an unauthorized party used a mailbox on a legitimate government agency domain to obtain customer records. Customer notices list passports or driver’s licenses, verification selfies, IBANs, withdrawal records and full Bitcoin transaction histories. The firm said a limited number of customers were affected, funds were not compromised, and the exact headcount and agency have not been named. Onchain investigator ZachXBT said the...

Purported white-hat hackers withdrew roughly 4,000 BTC, worth about $320 million, from Liquid’s federation wallet on Sept. 6. The outflow represented about 95% of Liquid’s reported bitcoin reserves of approximately 4,200 BTC. SideSwap processed a peg-out of 3,996 BTC after 4,000 L-BTC were burned; Blockstream attributed the L-BTC to an Elements software bug. Liquid disabled bridge nodes and told exchanges to pause L-BTC deposits and...