{"id":7305,"date":"2023-06-05T03:33:39","date_gmt":"2023-06-05T03:33:39","guid":{"rendered":"https:\/\/www.bitrabo.com\/community\/atomic-wallet-security-breach-results-in-35-million-crypto-heist\/"},"modified":"2023-06-05T03:34:25","modified_gmt":"2023-06-05T03:34:25","slug":"atomic-wallet-security-breach-results-in-35-million-crypto-heist","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/atomic-wallet-security-breach-results-in-35-million-crypto-heist\/","title":{"rendered":"Atomic Wallet Hacked, Resulting in $35 Million Crypto Theft"},"content":{"rendered":"\n<div>\n<p>Cybercriminals stole millions of dollars\u2019 worth of cryptocurrencies from users of Atomic Wallet, a popular cryptocurrency wallet that can be used on desktop computers and mobile devices. Atomic Wallet\u2019s developers confirmed that the platform\u2019s users\u2019 data had been compromised.<\/p>\n<p>Atomic Wallet is available on various platforms such as Windows, Android, iOS, macOS, and Linux, all of which support the wallet.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Atomic_Wallet_Hack_What_Was_Lost\"><\/span><strong>Atomic Wallet Hack: What Was Lost?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>On Twitter, Atomic Wallet announced that they had received several reports of account breaches from their users. Over one hundred addresses were affected, resulting in the theft of assets such as Bitcoin, Ethereum, Tron, BSC, Ripple, Cardano, Polkadot, Cosmos, Algorand, Avalanche, Litecoin, and Dogecoin. Early reports indicate that the total amount stolen amounts to approximately $35 million, with the largest loss reported at $7.95 million USDT. The five biggest losses totalled to $17 million.<\/p>\n<p><\/p>\n<pre style=\"text-align: center;\">Source: Atomic Wallet Stolen Fund (Source:\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/zachxbt\/status\/1665267820836319233\/photo\/1\">ZachXBT<\/a>)<\/pre>\n<h2><span class=\"ez-toc-section\" id=\"Early_Warning_Signs\"><\/span><strong>Early Warning Signs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Atomic Wallet stores users\u2019 private keys locally on their devices and encrypts them, which the company believed made their product more secure. However, the recent security breach has proven otherwise. Least Authority, an auditing company, had warned Atomic Wallet several times since February 2021 that this method was &#8220;insufficiently secure in protecting user assets and private data.&#8221;<\/p>\n<p>Many Twitter users claimed that prior to this incident, funds had already been stolen from the Atomic Wallet app. One user remarked that despite Atomic Wallet\u2019s long history, it was still vulnerable to hacking.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Liquidity_Problems_Criticisms\"><\/span><strong>Liquidity Problems &amp; Criticisms<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Recent criticisms related to Atomic Wallet include liquidity problems with Atomic Wallet Coin (AWC), which plummeted 8%, and the sale of the $BEN token, created by BitBoy Ben Armstrong. Atomic Wallet is currently surveying victims and working with security firms to identify potential attack vectors.<\/p>\n<p><em>-Featured image from DayFR Euro<\/em><\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cybercriminals stole millions of dollars\u2019 worth of cryptocurrencies from users of Atomic Wallet, a popular cryptocurrency wallet that can be used on desktop computers and mobile devices. Atomic Wallet\u2019s developers confirmed that the platform\u2019s users\u2019 data had been compromised. Atomic Wallet is available on various platforms such as Windows, Android, iOS, macOS, and Linux, all [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7307,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Atomic Wallet Hacked, Resulting in $35 Million Crypto Theft - Bitrabo","description":"Cybercriminals stole millions of dollars\u2019 worth of cryptocurrencies from users of Atomic Wallet, a popular cryptocurrency wallet that can be used on desktop com"},"footnotes":""},"categories":[316],"tags":[1451,649,504,1453,561,1452,650,1161],"class_list":["post-7305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-atomic","tag-breach","tag-crypto","tag-heist","tag-million","tag-results","tag-security","tag-wallet"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/7305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=7305"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/7305\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/7307"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=7305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=7305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=7305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}