Meanwhile, the popular crypto news account whalecharts said that the hack was allegedly made possible due to a “malicious update” that transferred users’ private keys to the perpetrator once they open the app. Atomic Wallet’s first priority is to be chosen by people, and because of your support and active participation in the progress of the product, we are here today.
ATOMIC CRYPTO WALLET SOFTWARE
The crypto wallet firm also said it had tapped third-party security companies to analyze the indecent and prevent the stolen cryptocurrencies from being sold on digital asset exchanges.Ītomic developers also took down their download server, ‘,’ due to concerns that their software might have been exploited.
“Last drained transaction was confirmed over 40h ago.” On Monday, June 5, Atomic also posted an update, saying that “less than 1% of our monthly active users have been affected/reported” at the moment. Atomic Wallet says less than 1% of monthly active users affected It’s down 97% from its all-time high in May 2021.According to crypto security research Tay, the earliest transaction for stolen funds from the Atomic Wallet occurred on June 2, at 21:45 UTC. eqfXkm9vlLĪtomic Wallet’s token AWC dropped 14% to $0.22 over the past 24 hours, according to data from Coingecko. My graph has now surpassed $35M in total stolen. The five biggest losses account for $17M. Update: A new largest victim was found on Tron with 7.95M USDT stolen, In a Twitter thread, he said that the five biggest losses account for $17 million and that the CEO of MEV infrastructure firm Jito Labs had already helped to recover $1 million for one of the victims of the hack. ZachXBT is contributing to the investigation of the most recent exploit. Bug bounty platform Immunefi said that around $440 million had been stolen in the first quarter of this year from 73 incidents. Last week, Arbitrum-based Jimbos protocol lost $7.5 million worth of ether due to an exploit. The exploit comes as the crypto industry experiences an uptick in hacks. It allows users to hold more than 1,000 crypto assets as well as participate in staking. įounded in 2017, Atomic Wallet is trusted by over 5 million users, according to its website. This was the first time that Least Authority, since its establishment in 2011, had taken the step to alert the public to unresolved security issues with a client’s product, according to Coindesk. Atomic’s CEO Konstantin Gladych told Coindesk that it would implement Least Authority’s recommendations by the second quarter of 2022 following the report. In a blog post, the company said they had identified vulnerabilities with the wallet’s system design. Last year, cybersecurity firm Least Authority disclosed security risks within Atomic Wallet.
It remains unclear how the funds were stolen.Ītomic Wallet did not immediately respond to a request for comment from Unchained. The wallet itself is decentralized and non-custodial, which means that users are responsible for managing their own assets. Many users have reported losing their entire crypto portfolios. This provider combines convenience, anonymity, and enhanced.
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As we have more information, we will share it accordingly.įor any questions and concerns, contact Atomic Wallet is a decentralized, secure cryptocurrency wallet that was founded in 2017 by Konstantin Gladych in Tallinn, Estonia. Atomic Wallet is a free app that lets crypto investors store their digital assets safely and securely.
We are doing all we can to investigate and analyse the situation. We have received reports of wallets being compromised. The browser wallet currently supports natively Bitcoin (BTC), Ethereum (ETH), Oxygen (LIFE), Litecoin (LTC), BitcoinCash (BCH) and many more. The company also said the investigation from the weekend is still ongoing and the support team was collecting victims addresses in an attempt to trace and block stolen funds. The newest version of the Oxygen Wallet extension offers a fast, easy-to-use interface and lots of exciting features to interact with differents blockchains and more than 2000 crypto-assets. The Atomic Wallet team has not confirmed the amount estimated by ZachXBT but said that 1% of monthly active users have been affected via Twitter. Decentralized wallet provider Atomic Wallet is investigating reports from users who believe their wallets have been compromised.Īround $35 million worth of crypto assets are believed to have been stolen, according to a report from on-chain sleuth ZachXBT.
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