Multi-chain cryptocurrency wallet BitKeep revealed that it will launch the clearing portal in the first week of February, with 50% of the funds expected to be returned to users by the end of the same month. The remaining funds will be distributed at the end of March.

To avoid fluctuations, the asset valuation of the offset will be converted to a USDT stablecoin.

in a series of tweetsBitKeep said that its technical team, as well as security agencies, designed a closed-loop verification system that included the multidimensional information of affected users, such as wallet addresses, stolen amounts, and token details.

“Hackers never sleep. Please take good care of your assets and be careful not to trust any “caring customer service” or “help you get your assets back” messages. BitKeep always puts the interests of users as our top priority and thank you very much for your support and understanding!

Several BitKeep users reported that their wallets emptied over Christmas. Preliminary investigation pointed to several APK package downloads that were hijacked by the attackers and installed with malicious code. As a result, users ended up losing approximately $8 million worth of various digital assets, BNB, ETH, USDT, and DAI. BitKeep previously advised users who downloaded the Trojanized APK package to transfer all their funds to the official store after downloading the official apps from Google Play or the App Store. This was their second attack in 2022. Just two months earlier, hackers extracted $1 million in funds from Bitkeep after exploiting a vulnerability in its exchange feature.

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This post BitKeep expects to compensate all victims of $8 million exploit by the end of March

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