Cryptocurrency wallet Bitkeep announced that it will compensate all affected by the hacking incident that occurred in December and cost the project about $8 million.
The team stressed that those affected should contact BitKeep to begin the refund process. Half of these refunds are expected to be completed by the end of February, and the remaining refunds will be completed in March, all in USDT stablecoin.
According to reports dated December 26, attackers managed to get their hands on a fraudulent version of the wallet application and steal users' source phrases from it.
The security firm PeckShield estimates that a huge number of wallet users who used this fake version lost about $8 million in digital assets.
