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Bitget’s $352M Hack: Its CEO Points to North Korea

2026-09-25

Bitget, one of the four exchanges this site tracks, has suffered a $352 million hack. The exchange's CEO said North Korea may have been involved. Cointelegraph reported this in its daily roundup on Sep 25, 2026. The CEO pointed to a possibility, not a confirmed finding.

In a separate case, KelpDAO has sued LayerZero and LayerZero's CEO over the $292 million exploit of the rsETH bridge. The report does not name the court, the specific claims or any amount KelpDAO is asking for.

Prices shown with the article: BTC at $83,897.12, ETH at $2,697.30, SOL at $120.39, XRP at $1.59 and BNB at $776.01. ZEC, at $1,592.41, had the largest listed change at 10.10%. The report does not say whether that change was up or down.

Several things are still unknown. The report does not say how or when the Bitget hack happened, whether customer balances were hit, or whether trading or withdrawals were paused. It also gives no evidence for the North Korea link beyond the CEO's remark.

For someone already holding a perpetual position, the report says nothing about funding rates, trading fees, margin or liquidity. That goes for Bitget, where the hack happened, and for Bybit, MEXC and OKX. The costs this site measures, funding and fees, are a separate question from whether an exchange's funds are secure, and this report answers neither for Bitget's perpetual markets. Directly, based on what is known today, nothing changes.

Source: cointelegraph — Here’s what happened in crypto today

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