Hackers stole around $35 million in Atomic Wallet security breach

Pierluigi Paganini June 06, 2023

Threat actors have stolen more than $35 million from the decentralized cryptocurrency wallet platform Atomic Wallet.

Atomic Wallet is a multi-currency cryptocurrency wallet that allows users to securely store, manage, and exchange various digital assets in a single application. It is designed to provide a user-friendly interface and a comprehensive set of features for managing cryptocurrencies. The cryptocurrency wallet supports a wide range of popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and many others.

Threat actors have stolen more than $35 million worth of crypto assets from Atomic Wallet. Shortly after the company received reports of wallets being compromised, it launched an investigation into the incident. The company determined that less than 1% of its monthly active users have been affected.

The company started sharing victim addresses with major exchanges and blockchain analytics to block the stolen funds.

A cryptocurrency security researcher that goes online with the handle ZachXBT, attempted to estimate the total amount of crypto assets stolen in the incident, and determined that the losses are more than $35 million.

Blockchain analysis firm PeckShield also confirmed that the threat actors have stolen around $35 million worth of cryptocurrencies.

Atomic Wallet is urging customers to fill out a form on Google Docs to report the stolen funds.

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Pierluigi Paganini

(SecurityAffairs – hacking, cryptocurrency)

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