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bitkeep confirms cyber attack, loses over $9 million in digital

BitKeep Confirms Cyber Attack, Loses Over $9 Million in Digital Currencies

You are here: Home / General Cyber Security News / BitKeep Confirms Cyber Attack, Loses Over $9 Million in Digital Currencies
December 28, 2022

Decentralized multi-chain crypto wallet BitKeep on Wednesday verified a cyberattack that allowed threat actors to distribute fraudulent variations of its Android app with the objective of thieving users’ electronic currencies.

“With maliciously implanted code, the altered APK led to the leak of user’s private keys and enabled the hacker to transfer cash,” BitKeep CEO Kevin Como said, describing it as a “large-scale hacking incident.”

In accordance to blockchain security firm PeckShield and multi-chain blockchain explorer OKLink, an estimated $9.9 million value of belongings have been plundered so much.

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“Money stolen are on BNB Chain, Ethereum, TRON and Polygon,” BitKeep even more mentioned in a series of tweets. “Much more than 200 addresses on the other three chains ended up employed in the heist, and all funds were being transferred to 2 main addresses in the finish.”

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The incident is mentioned to have taken position on December 26, 2022, with the danger actor exploiting and hijacking variation 7.2.9 of the Android application bundle (.APK) file hosted on its web page to distribute the trojanized variant.

That said, the electronic crack-in doesn’t impression BitKeep applications downloaded by using Google Engage in, Apple App Store, or the Google Chrome Web Retailer.

BitKeep Confirms Cyber Attack

As lots of as 5 different counterfeit variations of the Android application with the following offer names have been identified, suggesting that the apps had been perhaps dispersed by way of phishing internet websites. The authentic package deal name is “com.bitkeep.wallet.”

  • com.bitkeep.app
  • com.bitkeep.w4
  • com.bitkeep.w5
  • com.bitkeep.wallet5
  • io.bitkeep.wallet

The Singapore-headquartered firm, which was launched in 2018, claimed it has traced the wallet deal with applied to have out the theft and that some of the siphoned digital property have been frozen.

Buyers who have downloaded the APK file for variation 7.2.9 are recommended to set up the most recent edition (7.3.) introduced today and transfer the cash to a recently created wallet handle.

This is not the initial time BitKeep has been breached. On Oct 18, 2022, it disclosed one more security incident targeting its BitKeep Swap company that led to losses of about $1 million.

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Some pieces of this article are sourced from:
thehackernews.com

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