
Bitget’s eighth birthday ends with a $352M hack
Bitget CEO Gracy Chen confirmed the crypto exchange lost $352M to the hack and that North Korea's Lazarus Group appears to be responsible.
- neutral toward Bitget · 88%

Bitget CEO Gracy Chen confirmed the crypto exchange lost $352M to the hack and that North Korea's Lazarus Group appears to be responsible.

Bitget CEO Gracy Chen announced that at 18:31 UTC on September 24, 2026, Bitget’s security systems detected unauthorised transfers from a number of its hot wallets. The emergency response team was activated within minutes. By the time the initial assessment was complete, the damage had been confirmed at approximately $351.6
Bitget CEO Gracy Chen said North Korea was “very likely” behind the $350 million Bitget hack. The attackers breached a backend system and never obtained private keys, she added. Withdrawals remain suspended after the September 24 breach. DefiLlama data now ranks it as the largest crypto hack of 2026. Chen Follows a VPN Trail to

Bitget CEO Gracy Chen said a preliminary investigation found IP addresses matching VPN choices associated with a DPRK hacking group.

Bitget has suspended withdrawals after unauthorized transfers drained about $351.6 million from a limited number of its hot and warm wallets. The crypto exchange detected the transfers at 18:31 UTC on Sept. 24 and activated its emergency response procedures within minutes, Chief Executive Officer Gracy Chen said. Bitget’s cold wallets and most assets held on […]

Bitget confirmed a $351.6 million wallet breach and paused withdrawals, while CEO Gracy Chen said customer funds remain protected.

What began as hundreds of millions of dollars mysteriously moving from Bitget-labeled wallets now has an answer. Bitget founder Gracy Chen disclosed Thursday that the crypto exchange suffered unauthorized transfers from portions of its hot and warm wallet infrastructure, with the damage estimated at approximately $351.6 million. Tens of Millions in Onchain Transfers Flagged From […]

Bitget CEO Gracy Chen doesn’t believe the current Bitcoin rally is sustainable, and she aims to buy more BTC around the $50K mark later in 2026 or early next year.

Bitget CEO Gracy Chen has put the chance of the U.S. government buying Bitcoin for its strategic reserve before President Donald Trump leaves office at close to zero. Speaking in a recent interview, Bitget CEO Gracy Chen said the U.S.…

Gracy Chen says macroeconomic uncertainty could keep Bitcoin within $10,000 to $20,000 of current levels, while US government purchases remain unlikely within the next two years.

Bitget's evolution into a universal exchange could redefine financial markets, bridging traditional and decentralized finance seamlessly.

Bitget CEO Gracy Chen is leading the crypto exchange's push into the U.S. after initially shelving expansion plans in 2022.

Bitget's Gracy Chen says a dovish surprise could spark a relief rally across both traditional and digital markets.
Women in Web3 are usually discussed in terms of representation numbers. Bitget CEO Gracy Chen and Elodie Jallet, Co-Lead for Romandie and Global Partnerships at the Swiss-founded network WIW3CH, say they want to shift that conversation toward ownership. By that, they mean funding, technical education, founder networks, and leadership roles. The two are now working