• About Us
  • Careers
  • Contact
No Result
View All Result
Wednesday, October 22, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result
Home News Latest News

BitKeep Announces Rebrand and Full Compensation for Victims of $8M APK Exploit

29 March 2023
in Latest News, News
Reading Time: 5 mins read
105 4
BitKeep Announces Rebrand and Full Compensation for Victims of $8M APK Exploit

Source: Blockchainreporter

On March 29, 2023, multi-chain wallet BitKeep announced that it had fully compensated users who were impacted by the 7.2.9. Android Package Kit (APK) exploit that occurred on December 26, 2022. On that day, hackers maliciously switched BitKeep’s 7.2.9. APK update, causing users who downloaded the malware to lose an estimated $8 million.

We have successfully compensated all eligible users who had their funds compromised due to an unprecedented external attack in late 2022. In the future, we will be working closely with Bitget and continue to upgrade existing security measures and protocols.

6/10

— BitKeep Wallet (@BitKeepOS) March 29, 2023

BitKeep noted that all 11,090 wallets that were impacted by a recent issue had been fully reimbursed as of March 29, 2023. The company has also stated that it will continue to process any “irregular” claims or appeals through its customer support channels.

BitKeep also announced that it would change its name to Bitget Wallet after it received a $30 million investment from the cryptocurrency derivatives exchange, Bitget. This investment put the company’s market valuation at $300 million.

Goodbye, #BitKeep????
Hello, #BitgetWallet ????

The moment has arrived ???? After accepting a $30M investment from @bitgetglobal, we are revamping the brand, restructuring the management team and strengthening the overall security system.

Check our evolution #roadmap here????

1/10 pic.twitter.com/CFSxOnnKjR

— BitKeep Wallet (@BitKeepOS) March 29, 2023

The integration with Bitget will also provide BitKeep with access to the $300 million Bitget User Protection Fund in the event of any future security risks.

According to the company’s announcement on Twitter, BitKeep has initiated a rebranding campaign to create a more cohesive aesthetic for the Bitget ecosystem. Over the next few weeks, Bitget Wallet’s logo, app, and website will be updated with a new and improved style.

BitKeep also plans to establish a more product-centric team; hence, changes have been enacted in the team’s leadership. As part of this strategy, Kevin Como, one of the company’s co-founders, will step down from his role as CEO. Karry Cheung, who currently serves as BitKeep’s Chief Product Officer (CPO), will be promoted to the position of CEO. BitKeep will also incorporate several talented individuals from Bitget’s R&D and security team to enhance the stability and security of its service. 

However, BitKeep will maintain its separate organizational structure and operate independently.

The announcement of the company’s rebrand has left many of its community confused, wondering what the fate of the company’s token, $BKB, will be.

What will happen to the BKB token holders
Will everything go in vain of this long waiting time
Please @BitKeepOS explain us about this

The BKB Token will launch our not@BitKeepDaily @bitkeepnft @BitkeepAsia @bitkeepSupDesk

— Preetam Priyadarshi ???? (@PreetamPriyad18) March 29, 2023

Any update about your token ?

— Owolabi Olayinka (@Whykaylala) March 29, 2023

What’s will be the update on $BKB

— Yemi (????,????) (@Hamid9029) March 29, 2023

Meanwhile, Bitget, a Singapore-based cryptocurrency exchange, has announced the expansion of its operations to Seychelles. This move is in line with its objective to expand its operation globally. 

The exchange also updated its hiring strategy with a new goal of reaching 1,200 employees by the first quarter of 2023. This represents a 50% increase from its current workforce size. This move is aimed at satisfying user demand and fostering company growth.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

 

Tags: BITGETBITKEEP
Share63Tweet40Share11
Durotimi Aribisala

Durotimi Aribisala

Durotimi is a writer who is interested in writing about emerging technologies such as blockchain, Web3, crypto, and AI. He studied business administration and management. He desires to be an entrepreneur and movie director sometime in the future.

Related Posts

Asian Exchanges Crack Down on Crypto Treasury Listings as Market Momentum Fades
Crypto

Asian Exchanges Crack Down on Crypto Treasury Listings as Market Momentum Fades

22 October 2025
Binance Rolls Out Direct USD Transfers via BPay Global in 70+ Countries
Crypto

Binance Rolls Out Direct USD Transfers via BPay Global in 70+ Countries

22 October 2025
Chainlink Labs Proposes On-chain Compliance Framework to U.S. Treasury
Blockchain

Chainlink Labs Proposes On-chain Compliance Framework to U.S. Treasury

22 October 2025
Kadena Shuts Down Operations Amid Market Pressures, Blockchain to Remain Decentralized
Crypto

Kadena Shuts Down Operations Amid Market Pressures, Blockchain to Remain Decentralized

22 October 2025

Editors Picks

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

byOlajumoke Oyaleke
15 July 2025
0

Where Are the Ethereum-Killers Now?

Where Are the Ethereum-Killers Now?

byOlayinka Sodiqand1 others
6 January 2025
0

source: investorplace.com

How to Find the Newest Cryptocurrencies Before They’re Listed

byOlayinka Sodiq
30 December 2024
0

Exploring the Role of AI in Enhancing DeFi Security

Exploring the Role of AI in Enhancing DeFi Security

byOlayinka Sodiq
1 October 2024
0

The Ultimate Guide to How NFT Royalties Work

The Ultimate Guide to How NFT Royalties Work

byAdedamola Ojedokun
17 April 2024
0

Read More

Chain of Thoughts

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

byOlu Omoyele
27 September 2025
0

...

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

byOlu Omoyele
30 August 2025
0

...

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Markets Update

Crypto in Latin America: Adoption Booms as Media Visibility Falls, Outset PR Finds

1 day ago

Your Weekend Crypto Roundup | October 2025 (Week 3)

5 days ago

Crypto in Latin America: Adoption Booms as Media Visibility Falls

1 week ago

Your Weekend Crypto Roundup | October 2025 (Week 2)

2 weeks ago

Your Weekend Crypto Roundup | October 2025 (Week 1)

3 weeks ago

What $1 Billion in Liquidations Means for Market Stability

3 weeks ago
Read More

Events

  • No events
  • Spotlight

    All about Ethereum
    All about Algorand
    All about Bitcoin
    All about Gora

    Press Releases

    Phemex Upgrades Rewards Hub with $15,000 Package And Mystery Box System

    bychainwire
    22 October 2025
    0

    Ika and Human Tech Reveal Wallet-as-a-Protocol (WaaP): First Zero-Trust Decentralized Wallet Infra

    bychainwire
    22 October 2025
    0

    Alps Blockchain Announces Corporate Rebranding to Alps

    bychainwire
    22 October 2025
    0

    Bombastic Casino Unveils New Design and Enhanced Features

    bychainwire
    21 October 2025
    0

    Crypto Market Recovers as Liquidity Returns — Pepeto Announces $700K Giveaway and 221% Staking Rewards

    bychainwire
    21 October 2025
    0

    Read More

    ADVERTISING

    ABOUT

    TEAM

    CAREERS

    CONTACT

    TERMS & CONDITIONS

    PRIVACY POLICY

    © Copyright 2025 DeFi Planet

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • News
      • People
      • Business
      • Crime
      • Regulation
      • Crypto
      • CBDC
    • Markets
      • Bitcoin
      • Ethereum
      • Stablecoins
      • Altcoins
      • Crypto ETFs
      • Memecoins
    • Policy
    • Articles
      • Press Releases
      • Opinion
      • Explainers
      • Guest Post
      • Sponsored
    • Directory
      • Companies
      • People
      • Products
      • Wallets
    • Multimedia
      • Videos
      • Podcasts
    • Learn
      • DeFi Basics
      • Tutorials
      • Reviews
      • Blockchain Fundamentals
    • Research
      • Case Studies
    • Explore
      • DeFi
      • Crypto Gaming
      • NFT
      • DAO
      • Metaverse
      • Glossary
    • Jobs
    • Markets Pro
      • DeFi Planet Pro
      • Spend Crypto
      • Swap Crypto
      • Coin Prices
      • Crypto Exchanges
      • Crypto Analyzer

    © Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

    -
    00:00
    00:00

    Queue

    Update Required Flash plugin
    -
    00:00
    00:00