1. PixelPlaygroundHome
  2. Web3 News

BitKeep Wallet Responds to the Hack with Fund Compensation

• Web3 News • 157 views

On March 1, BitKeep Wallet announced that in response to the previous 729 APK installation package hijacked by hackers, which led to the theft of some users\’ f…

BitKeep Wallet Responds to the Hack with Fund Compensation

On March 1, BitKeep Wallet announced that in response to the previous 729 APK installation package hijacked by hackers, which led to the theft of some users’ funds, BitKeep had advanced the stolen funds and completed the first payment. As of March 1, a total of 6731 damaged wallets had passed the review. At present, 50% of the fund compensation has been completed to all the damaged users who have passed the compensation review, and the remaining 50% is expected to be paid at one time in the first ten days of this month.

Update of BitKeep attack event: all approved damaged users have received 50% of compensation

Interpretation of the news:


BitKeep Wallet, one of the popular digital cryptocurrency wallets, recently announced that it has completed the first installment of stolen fund compensation in response to a previous hacking incident. The hacking incident that occurred on 729 APK installation package led to the theft of funds belonging to some users. As a result, BitKeep had to take action and compensate the affected users.

According to the announcement made on March 1, a total of 6731 wallets were reviewed, and 50% of the fund compensation has been completed and already paid to all the affected users who passed the compensation review. It is expected that the remaining 50% will be paid at once within the first ten days of March.

The compensation was met with positivity and appreciation from the users affected by the hack. The swift action of BitKeep Wallet to compensate the affected users demonstrates the platform’s commitment to ensuring its users’ security and trust. This kind of action can further engender trust and loyalty in the platform by the affected users and cryptocurrency investors generally.

This event also underscores the importance of software security and the risks involved in digital finance. It is essential for digital financial platforms and service providers to take proactive security measures to protect their users from hackers and other security breaches. The incident can also serve as a reminder for users to take necessary precautions when using cryptocurrency wallets such as using strong passwords and enabling two-factor authentication.

In conclusion, the response of BitKeep Wallet to the hacking incident shows their commitment to their users, and it sets an example of transparency and response to security breaches that can inspire other digital finance platforms to adopt proactive security measures. The prompt compensation of the affected users will contribute to building resilience, confidence, and trust in the company.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/4249/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 03/01/2023 10:03
Next 03/01/2023 10:20

Recommended articles