BitKeep will begin compensating victims of the $8 million hack starting in February
Developers plan to fully refund victims of the cryptocurrency wallet by the end of March
Cryptocurrency wallet BitKeep will begin compensating victims of December's $8 million hack starting in February. The company wrote on Twitter that it will open a portal to apply for compensation early next month.
BitKeep is a decentralized cryptocurrency wallet from Bitget that works with more than 70 different blockchains, including Polygon, Solana, BNB Chain, Ethereum, TRON, Fantom and others. The project serves nearly 6 million users in 168 countries, according to the company's website.
At the end of December, hackers broke into BitKeep users' cryptocurrency wallets and stole assets totaling $8 million. Malware downloads allowed attackers to withdraw about 4.3 thousand BNB, 5.4 million USDT, 196 thousand DAI and 1.2 thousand Ethereum. BitKeep team immediately stated that if it turns out that the loss of funds was caused by the platform, BitKeep will fully compensate users for their losses.
In a statement dated January 18, BitKeep notes that 50% of the funds should be refunded by the end of February, with the remaining funds by the end of March. Compensations will be calculated in USDT.
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