CDS Crypto News Atomic Wallet Experienced a Hack That Cost $35 Million
Crypto News

Atomic Wallet Experienced a Hack That Cost $35 Million

Atomic Wallet experienced a hack, losing about 35 million dollars.

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North Korean Hackers Actively Launder Funds Related To The Atomic Wallet Attack

Millions of dollars worth of cryptocurrency was stolen from Atomic Wallet users. The project’s founders acknowledged on Saturday that their client’s data had been compromised.

Atomic Wallet Experienced a Hack That Cost $35 Million

According to the firm, less than 1% of Atomic Wallet’s monthly active customers were affected by the attack that stole $35 million from users since June 2. Following the incident, Atomic Wallet has increased its efforts to find and return stolen funds, along with those of independent blockchain investigators.

Fake Twitter Accounts Continue to Scam Users

In an effort to profit from the uproar, a few verified fake Twitter accounts impersonated Atomic Wallet while disseminating phishing links that promised to aid customers in recovering stolen funds. Blockchain sleuth @ZachXBT warned users about these verified fake accounts. In return, the Atomic Wallet account thanked the researcher.

What Caused the Attack?

The assault’s motivation is being looked into, according to Atomic Wallet’s Twitter account. There have reportedly been token thefts, deletions of transaction history, and even thefts of entire crypto assets. However, the company estimates that the monthly attack had a minimal impact on its active users—less than 1% of them.

About Atomic Wallet

Konstantin Gladych, the CEO and co-founder of Changelly, introduced Atomic Wallet as Atomic Swap in 2017. It is a decentralized wallet, and it supports more than 500 coins and tokens. The wallet is appropriate for both novice and experienced cryptocurrency investors since it is a safe platform with improved speed, privacy, and anonymity.

Written by
lectertodd

Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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