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Bitget Hack Update: XRP, Bitcoin, and North Korean Link

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Bitget Hack Update: XRP, Bitcoin, and North Korean Link

Chainalysis has attributed the $387 million Bitget theft to North Korean hackers. The firm said the attack lifts the value of crypto stolen by DPRK-linked actors this year above $1 billion. North Korean attackers reportedly used a cross-chain swap to convert stolen XRP into Bitcoin and kept the tokens away from exchanges. Drift, KelpDAO and The post Bitget Hack Update: XRP, Bitcoin, and North Korean Link appeared first on BeInCrypto.

Key Takeaways

  1. Chainalysis has attributed the $387 million Bitget theft to North Korean hackers.
  2. The firm said the attack lifts the value of crypto stolen by DPRK-linked actors this year above $1 billion.
  3. North Korean attackers reportedly used a cross-chain swap to convert stolen XRP into Bitcoin and kept the tokens away from exchanges.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.