FlagThis — Daily Cybersecurity Intelligence Briefing

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Bitget Hot Wallet Compromise: $351.6M Stolen

On September 12, 2026, the Bitget cryptocurrency exchange suffered a major hot wallet breach, resulting in the theft of approximately $351.6 million (120,000 ETH and 6,000 BTC). The attack exploited a compromised backend Node.js signing script, backend/signing_service.js, which exfiltrated private keys to a Lazarus Group-linked C2 server at 185.141.63.122. Attackers utilized these keys to forge unauthorized withdrawal transactions. Bitget mitigated the immediate impact by suspending services and utilizing its insurance fund to cover losses. Remediation included upgrading to hardware security modules (HSMs) and implementing enhanced multisignature controls to secure custodial assets.


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