Multi-chain wallet BitKeep announced that it will refund all funds to victims of the attack that occurred in December 2022.
On January 12, multi-chain wallet application BitKeep announced that it will refund all losses to victims December hack, cost the project about 8 million USD.
1/ BitKeep will release a user compensation claim page in the first week of February 2023, officially opening the compensation claim channel and users can apply for compensation and enter the verification process;
— BitKeep Wallet (@BitKeepOS) January 12, 2023
Those affected by the incident are adequately compensated and can submit a request to the project, BitKeep said. The compensation will be converted into stablecoin USDT and paid in two installments: the end of February and March of this year.
As Kyptos reported On December 26, bad guys broke into BitKeep, took control and installed malicious code into the application download file. Hackers extracted users’ seed phrases to steal money.
PeckShield estimate The loss of the security incident is about 8 million USD. According to the Beosin Blockchain Securitythe user assets on BNB Chain alone have lost more than 3 million USD.
BitKeep is Asia’s leading multichain platform under the Bitget exchange, offering a variety of wallet, swap and DeFi features and secure and convenient one-stop digital asset management services. According to the listing informationBitKeep currently serves over 8 million users across 168 countries with over 80 chains, 20,000 dApps, and 245,400 cryptocurrencies.
This Singapore-based organization used to Successfully raised Series A capital of USD 15 million in May, raising the company’s valuation to $100 million.