BitKeep Wallet Suffers $1M Hack in BNB Chain

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BitKeep Wallet, a decentralized finance (DeFi) wallet, has suffered a hacker attack, resulting in a loss of around $1 million.

The wallet wrote in a Twitter thread that the development team has managed to contain the emergency and stopped the hacker. The attack was targeting funds in the BNB Chain (formerly BINANCE Smart Chain), the team added.

Following the attack, the team suspended BitKeep Swap service to ensure that there are "no further asset security issues." BitKeep has called on users to assist in identifying the hackers and recovering the stolen assets. It is unclear, how exactly the attacker stole the funds.

The attack comes shortly after BNB Chain suspended the network due to suffering a hack on the BSC Token Hub bridge. The attackers reportedly made off with more than $544 million in digital assets, although they only managed to withdraw $100 million.

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