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Hackers are busy draining approximately $8 million through an ongoing BitKeep wallet exploit.
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BitKeep users reported on Dec 26 that funds had been taken from their wallets and transferred to another.
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BitKeep's official Telegram group confirmed that APK package downloads had been hijacked and were installed with code by hackers.
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They wrote: “If your funds are stolen, the application you download or update may be an unknown version (unofficial release version) hijacked.”
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While the hack continued, the BitKeep team advised its users to transfer funds to a wallet from official sources, such as Google Play or the Apple App Store.
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The team requested community members use new wallet addresses because their old addresses could have been "leaked to hackers."
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One wallet address belonging to a suspected hacker already holds more than $5,000,000 in digital assets.
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Although the exploited amount is not yet final, attackers continue to transfer funds to multiple addresses.
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Blockchain security and analytics firm PeckShield revealed that more than $8 Million in Tether had been stolen