BitKeep Updates Compensation Information After Attack Incident

Key Points:

• BitKeep announced that it would launch a specific compensation entry in the first week of February.
• The Web3 multi-chain wallet is expected to have 50% of the funds will be paid by the end of February, and the remaining funds will be paid by the end of March.
• BitKeep explained that the reason for not being able to pay before the year is that it is difficult to pay, and the damaged funds may be stolen.

Regarding the hacking incident that occurred in December last year, Web3 multi-chain wallet BitKeep recently announced in the Telegram group that it would launch a specific compensation entry in the first week of February.

BitKeep is expected that 50% of the funds will be paid by the end of February, and the remaining funds will be paid by the end of March. As for the compensation currency, due to the fluctuation of the currency price, the asset valuation of the compensation will be converted into USDT, but the specific compensation details need to wait for the compensation application page to go online, and the compensation page shall prevail. BitKeep once again promised to pay all victims in full.

BitKeep explained that the reason for not being able to pay before the year is that it is difficult to pay, and the damaged funds may be stolen. The technical team and the security agency have used multiple dimensions, such as the stolen user’s wallet address, stolen amount, currency, and time. Closed-loop verification of information has been completed, and a rigorous application verification scheme has been designed.

As Coincu reported, the Bitkeep vulnerability that happened on December 26 employed phishing sites to trick users into installing fraudulent wallets. The attacker created a number of fictitious Bitkeep websites that each hosted an APK file that seemed to be Bitkeep wallet version 7.2.9. Users’ private keys or seed words were taken when they “updated” their wallets by downloading the malicious file, and they were delivered to the attacker.

After that, the platform’s services are also interrupted to make sure there are no other errors. According to data monitoring by crypto security companies, Bitkeep Swap attackers transferred 4,300 BNB of stolen funds to Tornado Cash in the form of 100 BNB each.

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Harold

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