Bitget Confirms Third-Party Zero-Day Behind $387.5 Million Cryptocurrency Theft

October 1, 2026 1 Min Read 0

Threat Intelligence Brief

Curated summary with source attribution

Source: thehackernews.com

Threat Risk: High
Victim: Cryptocurrency Exchange
Incident: Theft of $387.5 million via a zero-day exploit in third-party security tools.
Impact: Significant financial loss across 11 blockchains and temporary suspension of withdrawals.
Attacker: North Korean threat actors
Analysis: The attackers exploited a zero-day vulnerability in a third-party security product to gain initial access and steal database credentials. They then moved laterally through the network, compromising a management platform via command injection to deploy a custom withdrawal tool. The operation was highly targeted, bypassing existing risk controls to drain assets across 11 different blockchains.
Recommendations: Audit third-party security product permissions and configurations.; Implement strict network segmentation between security appliances and production wallet servers.; Monitor for anomalous environment variable access and unexpected command injections.
Source: The Hacker News

Editorial note: this post summarizes third-party reporting and links to the original source.
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