$83 Million In Stolen XRP From Bitget Hack Moving On-Chain

$83 Million In Stolen XRP From Bitget Hack Moving On-Chain

The post $83 Million In Stolen XRP From Bitget Hack Moving On-Chain appeared first on Coinpedia Fintech News More than $83 million worth of XRP stolen in the Bitget hack is now being moved by the attacker. Since Ripple has no ability to freeze wallets on the XRP Ledger, exchanges remain one of the few points where the stolen funds could potentially be intercepted before cashing out. Roughly $75 million of the stolen …

Bitget Hack-Linked Wallets Move More Than Half of Stolen XRP

About 54 million XRP worth $83 million has left five initial wallets, while the XRP Ledger cannot freeze its native asset.

Bitget hacker moves $83 million in stolen XRP that Ripple cannot freeze | #hacking | #cybersecurity | #infosec | #comptia | #pentest | #hacker - National Cyber Security Consulting

Circle and Tether, the companies behind dollar-linked tokens USDC and USDT, have already frozen about $320,000 in stablecoins connected to the breach. Their tokens contain controls that allow the companies to blacklist addresses. Read More: Circle and Tether step in to freeze hacker wallet after massive Bitget crypto heist The XRP transfers accelerated overnight. At […] Thank you for subscribing to our RSS feed!

Bitget Raises Hack Estimate To $387.5M And Sets Withdrawal Restart Plan

TL;DR Bitget has increased the confirmed value of assets transferred to attacker-controlled addresses from $351.6 million to about $387.5 million. The exchange says the underlying vulnerability has been identified and remediated. Withdrawals are scheduled to return in stages beginning with Bitcoin on September 28 and continuing through October 2. Bitget has published a substantial update on this week’s security breach, increasing the confirmed …

Bitget Hack: Attacker Moves $83M in XRP That Ripple Cannot Freeze More Stories ETHNews

Bitget raised its estimate of the stolen funds to about $387.5 million. Circle and Tether froze only a small fraction of the loss. The attacker has started moving XRP that Ripple cannot freeze. Bitget will restart withdrawals in phases from September 28. Bitget now estimates that attackers took about $387.5 million from its wallets on […]