Singapore-based crypto firm hit by Boxing Day hack, more than S$10mil lost

According to blockchain security and data analytics company PeckShield, the cryptocurrencies stolen consisted of Binance’s BNB Coin, stablecoins Tether and Dai, as well as Ether. — Reuters

SINGAPORE: More than US$8mil (S$10mil or RM32.86mil) was stolen from a Singapore-based crypto wallet provider last Monday after a hacker manipulated files enabling users to download the wallets on their phones.

Thousands of users reported having their funds stolen from their BitKeep wallets on Boxing Day, although it is not clear how many Singaporean users were affected.