{"id":558701,"date":"2023-03-02T20:45:00","date_gmt":"2023-03-02T17:45:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitkeep-remains-on-track-to-fully-compensate-victims-of-8m-apk-exploit\/"},"modified":"2023-03-02T20:45:00","modified_gmt":"2023-03-02T17:45:00","slug":"bitkeep-remains-on-track-to-fully-compensate-victims-of-8m-apk-exploit","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitkeep-remains-on-track-to-fully-compensate-victims-of-8m-apk-exploit\/","title":{"rendered":"# BitKeep remains on track to fully compensate victims of $8M APK exploit"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a35c093610fa\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a35c093610fa\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/bitkeep-remains-on-track-to-fully-compensate-victims-of-8m-apk-exploit\/#%E2%80%9D_BitKeep_remains_on_track_to_fully_compensate_victims_of_8M_APK_exploit_%E2%80%9C\" >&#8221; BitKeep remains on track to fully compensate victims of $8M APK exploit &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_BitKeep_remains_on_track_to_fully_compensate_victims_of_8M_APK_exploit_%E2%80%9C\"><\/span>&#8221; BitKeep remains on track to fully compensate victims of $8M APK exploit &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDMvNjE0YzBhODYtMzZkMS00OTlmLTljY2QtOTZjMDliNWE4YjM2LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-48054ca8>According to an official Telegram statement on March 1, Singaporean cross-chain crypto wallet developer BitKeep says it has reimbursed 50% of user assets lost during a security breach stemming from Dec. 26, 2022. On the date of the incident, an estimated $8 million was stolen by hackers after BitKeep&#8217;s APK 7.2.9 (Android Package Kit) installation package was hijacked and swapped. Users who <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">download<\/a>ed the malware subsequently saw their private keys compromised, leading to the theft of assets.\u00a0<\/p>\n<p>As told by BitKeep, a total of 6,731 verified addresses were breached during the incident. The firm has since completed reimbursing 50% of stolen assets in the affected addresses, with &#8220;expedited processing&#8221; for the remaining 50% of funds. BitKeep says it will complete its compensation plan ahead of schedule and release the remaining funds within two weeks.<\/p>\n<p>In a statement to Cointelegraph, a spokesperson for BitKeep said the company has yet to recover the remaining assets through law enforcement efforts, and all reimbursements are &#8220;currently coming out of the company&#8217;s own pockets, including those to be completed in the near future.&#8221; As told by the spokesperson:<\/p>\n<blockquote><p>&#8220;BitKeep is adamant about the safety of users&#8217; assets and that is why we have stepped up to take responsibility for all damages as a result of the incident. Users&#8217; losses are being compensated by BitKeep&#8217;s 2022 revenue and its Secure Assets Fund, and we will complete all reimbursements by March. Finally, we would like to express our gratitude to our users for their trust and support, as well as to our partners for working with us to overcome the recent challenges.&#8221;<\/p><\/blockquote>\n<p>On Dec. 29, three days after the incident, BitKeep announced that it had alerted law enforcement and would reimburse 100% of users&#8217; losses. The wallet currently has over 8 million users worldwide. Last May, the firm raised $15 million in its <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">Series<\/a> A at a valuation of $100 million.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Dear BitKeepers:<\/p>\n<p>Our team has been doing its best to review various compensation possibilities to recover the losses for our users involved since the 729 APK hack safely. The latest update of compensations is as follows: <\/p>\n<p>1\/4<\/p>\n<p>\u2014 BitKeep Wallet (@BitKeepOS) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BitKeepOS\/status\/1631187575414345728?ref_src=twsrc%5Etfw\">March 2, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/bitkeep-remains-on-track-to-fully-compensate-victims-of-8m-apk-exploit\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; BitKeep remains on track to fully compensate victims of $8M APK exploit &#8220; According to an official Telegram statement on March 1, Singaporean cross-chain crypto wallet developer BitKeep says it has reimbursed 50% of user assets lost during a security breach stemming from Dec. 26, 2022. On the date of the incident, an estimated&#8230;<\/p>\n","protected":false},"author":1,"featured_media":558702,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2023-03\/614c0a86-36d1-499f-9ccd-96c09b5a8b36.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,74863,74882,74879,117],"class_list":["post-558701","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-cryptocurrencies","tag-hacks","tag-wallet","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/558701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=558701"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/558701\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/558702"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=558701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=558701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=558701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}