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Scams, Hacks & Breaches
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December 27, 2022

Over $8,000,000 Worth of Ethereum (ETH), Binance Coin (BNB), Tether (USDT) and DAI Stolen in Crypto Wallet Hack

By Conor Devitt

Hackers have made off with more than $8 million worth of Ethereum (ETH), Binance Coin (BNB), Tether (USDT), and Dai (DAI) after exploiting the Web3 crypto wallet BitKeep.

The blockchain security firm PeckShield reveals that the bad actors stole approximately 4,373 BNB, 5.4 million USDT, 196,000 DAI and 1,233.21 ETH.

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BitKeep announced the hack on Telegram on Sunday evening.

“Dear BitKeep users, after preliminary investigation by the team, it is suspected that some APK [android package kit] package downloads have been hijacked by hackers and installed with code implanted by hackers. If your funds are stolen, the application you download or update may be an unknown version (unofficial release version) hijacked.

Now for the safety of user funds, if you downloaded the APK version, please transfer the funds to the wallet downloaded from another official store (App Store or Google Play). In addition, it is recommended to use the newly created wallet address. The address you created through APK may be leaked to hackers.

Tip: if conditions permit, please be sure to use the official Apple or Google store to download and use BitKeep wallet to ensure the safety of your assets!

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If your wallet is stolen, please submit relevant materials in the form as soon as possible, we will figure out the solution and assist as soon as possible.”

BitKeep was also hacked for about $1 million in October. The wallet firm said it would completely pay back all of its users after that attack.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Oxanaso/VECTORY_NT