By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Security Parrot - Cyber Security News, Insights and ReviewsSecurity Parrot - Cyber Security News, Insights and Reviews
Notification
Latest News
OpenAI may use Associated Press archive for AI training
July 14, 2023
EU users can hold conversations with Google Bard from training set
July 14, 2023
Aptos, the new default font for Microsoft Office
July 14, 2023
BlackLotus UEFI bootkit sources published on GitHub
July 14, 2023
Hackers from the XDSpy cyber-espionage group attacked Russian organizations on behalf of the Ministry of Emergency Situations
July 14, 2023
Aa
  • News
  • Tutorials
  • Security InsiderComing Soon
  • Expert InsightComing Soon
Reading: Atomic Wallet Users Stolen $35 Million in Cryptocurrency
Share
Security Parrot - Cyber Security News, Insights and ReviewsSecurity Parrot - Cyber Security News, Insights and Reviews
Aa
Search
  • News
  • Tutorials
  • Security InsiderComing Soon
  • Expert InsightComing Soon
Follow US
Security Parrot - Cyber Security News, Insights and Reviews > News > Atomic Wallet Users Stolen $35 Million in Cryptocurrency
News

Atomic Wallet Users Stolen $35 Million in Cryptocurrency

Last updated: 2023/06/05 at 3:33 PM
Security Parrot Editorial Team Published June 5, 2023
Share
SHARE

Atomic Wallet Investigates Series of Hacked Wallets

Atomic Wallet, a mobile and desktop cryptocurrency wallet, is investigating a series of incidents in which the wallets of some customers were hacked and emptied. Over the weekend, the Atomic Wallet team took to Twitter to inform users of the massive reports of hacked wallets and launched an investigation into what was happening.

Investigation

As of June 5, 2023, about 1% of active users are known to have been affected by attacks, and the last fraudulent transaction was confirmed over 40 hours ago. The developers are collecting data from the victims, studying what OS they use, where they downloaded the software from, what they were doing before the cryptocurrency was stolen, and where the recovery phrase was stored. Victims are also asked to provide this and other information on a Google Docs form created specifically to investigate the incident.
Interestingly, some users report that their cryptocurrency was stolen after a recent wallet update, but others say they did not update at all, yet their funds were still affected.

Security Measures

For now, the get.atomicwallet.io download server is temporarily down. This suggests that the company is afraid that the software itself has been compromised, and they are trying to prevent the further spread of malware.
Renowned blockchain researcher ZachXBT is collecting and investigating transactions of funds stolen from Atomic Wallet users. According to him, the attacks began on June 2, and during these hacks more than $35 million in cryptocurrencies were stolen, including BTC, ETH, Tron, BSC, ADA, Ripple, Polkadot, Cosmos, Algo, Avax, XLM, LTC and Doge.
It is still unclear exactly how the compromise occurred, but Atomic Wallet users are advised to transfer their crypto assets to other wallets until the investigation is completed. The developers are also working with third-party information security companies in an effort to understand what is happening and block the sale of funds stolen from users on exchanges.
Atomic Wallet is a secure and reliable cryptocurrency wallet that allows users to store a variety of cryptocurrencies and is available on all major platforms including Windows, Android, iOS, macOS and Linux. The team is dedicated to providing users with the best security measures and is currently working to ensure that all users are safe and secure.

Weekly Updates For Our Loyal Readers!

Security Parrot Editorial Team June 5, 2023
Share this Article
Facebook Twitter Email Copy Link Print

Archives

  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • February 2023
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020

You Might Also Like

News

OpenAI may use Associated Press archive for AI training

July 14, 2023
News

EU users can hold conversations with Google Bard from training set

July 14, 2023
News

Aptos, the new default font for Microsoft Office

July 14, 2023
News

BlackLotus UEFI bootkit sources published on GitHub

July 14, 2023

© 2022 Parrot Media Network. All Rights Reserved.

  • Home
  • Parrot Media Group
  • Privacy Policy
  • Terms and Conditions
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?