Bitget CEO Gracy Chen revealed that a preliminary investigation suggests the recent attack on the exchange involved a compromise of third-party software used in their backend wallet system. Attackers likely breached a commonly used tool and manipulated a service that generated false transfer data, which then triggered a signing machine to move funds. Chen emphasized that the incident was not due to a private key leak and insider involvement appears unlikely. The security team is still investigating the exact attack method and working to resolve the issue, noting that major attacks often involve multiple tactics such as compromised signing processes, software vulnerabilities, and social engineering.
The recent Bitget exchange attack is reported alongside Pluang's cryptocurrency market data as of Sep 25, 2026 08:02 WIB. For readers following digital assets, here is Pluang's market snapshot: out of 50 major cryptocurrencies priced on Pluang, 45 rose and 4 fell today. Notable movers include XLM (Stellar) up 10.08% at Rp3.955 with a typical hold time of 83 days, ALGO (Algorand) up 9.83% at Rp2.034 with a typical hold time of 129 days, and SAND (The Sandbox) up 8.82% at Rp775 with a typical hold time of 123 days.
On-chain analyst Specter revealed that stolen XRP from the Bitget hack was traced on-chain to funds taken in the July AFX hack, which involved about $24 million. This transaction trail suggests a possible connection to the Lazarus Group, a notorious ...
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US and Iranian negotiators are reportedly discussing a phased agreement to resolve the ongoing standoff in the Strait of Hormuz, where Iran would allow navigation in exchange for the US ending its naval blockade. This approach was previously agreed u...
