Cryptocurrency [loss] $100,000

Tweet thread by BitKeep Wallet

2022-10-17 [vendor] BitKeep Swap [chain] bsc
Primary Source ↗
Financial Loss $100,000 (100,000 USD)
Blockchain(s) Bsc

Incident Details

The Swap feature of the BitKeep crypto wallet suffered an exploit that landed a hacker more than $1 million worth of BNB. The project acknowledged the hack, and promised to reimburse users who were impacted.This is the second hack in October of the swap functionality of a crypto wallet, with Transit Swap suffering a $21 million hack on October 1 — although in that case, the attacker subsequently returned a large portion of the stolen funds.

Total loss estimated at $100,000.

Technical Details

Initial Attack Vector
Smart contract exploit / hack
Vendor / Product
BitKeep Swap

Timeline

  1. 2022-10-17 Breach occurred
  2. 2022-10-17 Publicly disclosed