BIPS Hack

TOTAL LOST $600K
Low Other

What happened

Hackers have allegedly stolen over a thousand bitcoins from the European payment processor BIPS in a theft.

The payment provider said that it was initially hit with a DDoS attack on November 15th, followed by a second attack on November 17th that managed to take the funds. BIPS said that the attacks appear to have originated from Russia and neighboring countries.

Case & protocol details

Classification CeFi
Protocol Type Exploit/Other
Official Website bips.me/
Protocol Twitter/X @BicepsCoin

Evidence & learning

Sources and on-chain records

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