News

BitKeep Has Frozen Some Funds Transferred By Hackers, Calling For User Cooperation

Key Points:

  • BitKeep has frozen some of the hacked funds.
  • The platform is still working on restoring assets to users.
  • User cooperation will greatly assist in the investigation process.
In its latest announcement, Bitkeep has frozen some funds moved by hackers. Specifically, the Web3 multi-chain wallet issued an announcement today stating that the team is working on a hacker attack. The current progress is that some of the funds transferred by the hacker have been frozen. All best practices are still in place at this time to restore everyone’s assets.

Users can directly fill in the form. The project development team urges affected users to actively cooperate with the investigation team initiated by community officials and emphasizes that everyone’s cooperation will be very effective in the investigation process.

As updated in an earlier Coincu News article, during the investigation, the team discovered a Bitkeep vulnerability that occurred on December 26th used phishing websites to trick users into installing scam wallets.

According to blockchain analytics provider OKLink, the attacker created several fictitious Bitkeep websites, each hosting an APK file that appears to be Bitkeep wallet version 7.2. The user’s private or root key was obtained when they “updated” their wallet by downloading a malicious file, and these were sent to the attacker.

This attack has a total loss of nearly $31 million with 50 different hacker addresses.

Five networks were affected by the attack: BNB Chain, Tron, Ethereum, Polygon, and BNB Chain bridges.

How the attacker persuaded visitors to access the bogus websites is still unclear. The official Google Play Store page for BitKeep has a link that directs people there, but it does not include an APK file for the program at all.

Immediately after its web3 multi-chain wallet crashed, the Bitget exchange announced the launch of its DEX aggregator called MegaSwap, which is designed to combine the strengths of DeFi and CeFi. MegaSwap feature requires a certain amount of coins within the user’s account before they can buy and sell.

MegaSwap supports eight blockchains, including Ethereum, BNB Chain, Polygon, Optimism, Fantom, Klaytn, OEC and HECO. Cross-chain swapping is available across six of the eight (excluding Klaytn and Optimism). In addition, MegaSwap has aggregated over ten DEXes, such as Uniswap, Curve and SushiSwap.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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