Blockchain & Crypto

Atomic Wallet Users Lose for $35 Million Worth of Bitcoin, Ether, Tether and Other Tokens

Atomic Wallet reported on Monday, June 5, that less than 1% of its users who are active on a monthly basis suffered financial damage as a result of a hacker attack recorded last weekend.

Atomic Wallet Users Lose for $35 Million Worth of Bitcoin, Ether, Tether and Other Tokens

This incident, which caused the theft of tokens totaling approximately $35 million, will be noticed by all representatives of the crypto industry, but at the same time is not an incident of historical scale and record value, which does not deny the evidence of significant damage. The tokens were stolen by criminals from Atomic Wallet, a centralized storage and digital wallet service, and included bitcoin (BTC), ether (ETH), tether (USDT), dogecoin (DOGE), litecoin (LTC), bnb coin (BNB) and polygon (MATIC).

Twitter users report that the Tron-based USDT, apparently, was the largest stolen cache, as evidenced by online analytics.

Atomic Wallet on its page in the same social network reports that the number of victims in percentage ratio is less than 1% of all users of this repository who show a high level of activity on a monthly basis. This message also contains information that the last deleted transaction was recorded on Saturday, June 3.

The company announced the beginning of an investigation into the fact of criminal encroachment, which resulted in material damage. The firm analyzes the algorithm of hackers’ actions. As of the morning of June 5, the company did not provide any details of the attack by cybercriminals.

The firm has asked users to provide information about their damage in the form of Google Docs, which is used in the investigation process. Several victims stated that they lost their cryptocurrencies after a recent software update. At the same time, other users stated that in their case, the theft of the digital currency occurred without updating.

The media also report that currently the company, while communicating with the owners of stolen tokens, asks to answer more than 20 questions that relate to Internet service providers, the use of virtual private networks (VPN), and the storage of source phrases.

Meanwhile, a version is spreading in user communities that the hacking program could have been created using an outdated dependency package. Such dependency packages describe the relationship between the actions to be performed and the libraries needed for this.

As we have reported earlier, Hackers Steal Around $200 Million From Crypto Lender Euler Finance.

Serhii Mikhailov

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Serhii’s track record of study and work spans six years at the Faculty of Philology and eight years in the media, during which he has developed a deep understanding of various aspects of the industry and honed his writing skills; his areas of expertise include fintech, payments, cryptocurrency, and financial services, and he is constantly keeping a close eye on the latest developments and innovations in these fields, as he believes that they will have a significant impact on the future direction of the economy as a whole.