Holiday Hackers Run Ramped as and Bitkeep Lose Millions in Attacks

While many are enjoying the holidays, the hacker community is hard at work. Suffers $3M Cyberattack, Hackers Drain $8 Million From Bitkeep Suffers $3M Cyberattack

Major bitcoin mining firm announced on Monday that it suffered a cyberattack on Dec. 3, leading to a loss of around $3 million worth of assets. 

According to a press release, the attackers stole around $700,000 in client assets and nearly $2.3 million owned by parent company BIT Mining Limited.

The firm said that the incident had been reported to the law enforcement authorities in Shenzhen, China, and some of the stolen assets have already been recovered. Subsequently, the authorities started an investigation on Dec. 23, collecting evidence and seeking support from relevant agencies. 

Meanwhile, BIT Mining has strengthened its tech infrastructure and continues to put considerable effort into recovering the stolen assets. 

“In the wake of discovering this cyberattack, the Company has implemented technology to better block and intercept hackers. is currently operating its business as usual, and apart from its digital asset services, its client fund services are unaffected,” said the company. is the seventh-largest Bitcoin mining firm with a hash rate of 5.80 exahashes per second (EH/s), according to its own data. Its parent company, BIT Mining, is publicly listed on the New York Stock Exchange. 

Hackers Drain $8 Million From Bitkeep

In a separate incident, hackers drained around $8 million worth of assets from Bitkeep in a wallet exploit on Dec. 26. 

According to blockchain data service provider OKLink, the hackers managed to hijack APK package downloads and injected malicious code into the files. 

When users installed these files, their wallet keys were stolen. It’s still unclear how the attackers got the users to download the files since the official version of the app is already available on the Play Store. 

Bitkeep also suffered an exploit in October, leading to a loss of $1 million Binance Coin (BNB) tokens.

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Himan Mohapatra
Himan Mohapatra
Himan Mohapatra is an industry expert within the crypto-sphere and the primary journalist for Coinmash. He is an expert in finance and disruptive tech, such as blockchain.