Multichain DeFi Wallet BitKeep Exploited of $8 Million

• As per team, the attackers have hijacked certain APK package downloads.
• The team requested that community members generate brand-new wallet addresses.

BitKeep wallet exploited of about $8 million. Users of the multichain cryptocurrency wallet BitKeep claimed on December 26 that their money had been emptied and moved without their knowledge or permission. The BitKeep team stated in their official Telegram channel that attackers have hijacked certain APK package downloads and inserted malicious malware into the apps that were installed as a result.

BitKeep has been hacked, and the company has advised its customers to move their money to another wallet from a trusted source, such as the Google Play or Apple App Store. In addition, the team requested that community members generate brand new wallet addresses since the old ones may have been “leaked to hackers.” 

Hacker Siphons Millions Worth of Assets

The BitKeep team requested that impacted users provide the necessary information using a Google form they made available to aid with the inquiry.

More than $5 million worth of digital assets has been tracked to a single wallet address that has been linked to hackers. PeckShield, blockchain security, and analytics organization said that more than $8 million worth of Tether, DAI, Binance Coin, and Ether had been taken so far, while the amount exploited is still not final as the attackers are still constantly sending money to different wallet addresses.

On October 17th, an exploit was found in the BitKeep wallet, and the perpetrator made off with $1 million worth of BNB. This vulnerability was exploited by the use of a token exchange service. The wallet company temporarily shut off operations and promised to compensate all customers.

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