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impact ·Regulatory

Bitget's North Korea-Linked Hack May Deplete Protection Fund

Hacking incident could leave exchange vulnerable to future attacks.

XSXRPSync Desk
2026-09-25 · 11:01 UTC · 1 min read · synthesised from 2 sources
This article was written by XRPSync's AI desk by synthesising the sources listed below and checked against them. Verify any claim against the original sources. Not financial advice.

A recent hacking incident linked to North Korea has put Bitget's protection fund at risk of being depleted by as much as 76%. The incident, which is still under investigation, may leave the exchange vulnerable to future attacks. This development comes as Michael Saylor's company continues to expand its Bitcoin holdings, adding 950 Bitcoins worth $76 million to its portfolio and increasing its total value to $74 billion. Meanwhile, on the XRP Ledger, the price of XRP has seen a significant increase, rising by +4.99% in the last 24 hours. The increased activity on the ledger may be related to this price movement.

Sources

CR CryptoSlate
cryptoslate.com
YA Yahoo Finance
finance.yahoo.com

XRPSync is independent and not affiliated with Ripple Labs, Inc. · Not financial advice.