Crypto Wallet BitKeep Hacked, Losing Over $1 Million

BitKeep, a cryptocurrency wallet, has recently come under attack. hackerThe most popular cryptocurrency wallet in Asia is BitKeep Wallet.

The amount disclosed exceeded $1 million, according to a tweet from PeckShield, a blockchain security and data analytics company.

However, BitKeep promptly notified all users of the unfortunate hack. He also said the development team is working hard to identify and contain the reach of hackers.

Hackers emptied wallets and abused the swap feature.

PeckShield was the first to draw attention to this hack, reaching out to users via tweets and asking them to follow a series of steps to keep them safe.

BitKeep said through its Twitter account that the attack occurred on the BNB chain.

Also, this isn’t the first time the chain has been hacked in October. Because he was attacked for $100 million by abusing the chain.

Crypto Wallet BitKeep Countermeasures

Through a tweet, BitKeep provided a set of measures to help users minimize further damage and bring the entire hacking event to justice.

The wallet has also suspended service to ensure that no other security issues exist.

BitKeep is currently working with security agencies to identify hackers. The crypto wallet has also decided to issue refunds to users who have lost funds.

However, the details of that plan have yet to be revealed.

As the company learns more about the attack, it will provide users with more details on the same.

BitKeep said in a statement:

Encourage anyone who can help identify the hackers and recover stolen assets to contact us. you will be very rewarded. Thanks in advance.

Pecshield’s statement

According to PeckShield, these hackers most likely exploited a multi-chain wallet switch or router that combines wallets, swaps, non-fungible token (NFT) marketplaces, and decentralized application (DApp) browsers in one place. It is high. .

The user is clearly instructed to revoke authorization to the wallet. Failure to do so may result in further financial loss.

This can be done by connecting the wallet to PeckShield’s Revoke.Cash platform. This will stop access to all tokens in the wallet, including unregistered tokens.

Blockchain security company PeckShield also highlighted one of the hacked transactions. In this transaction, the abuser transferred over 190 tokens through his BNB network. Crypto wallet BitKeep supports over 70 mainnet chains including Bitcoin (BTC), Ethereum (ETH) and Polygon (MATIC).