More than $35 million has been stolen from Atomic Wallet, a decentralized cryptocurrency wallet platform that supports more than 500 coins and tokens.
On Saturday, the company confirmed reports that users' wallets were compromised and said it was investigating the situation.
In an update on Sunday, the company posted a statement on Twitter saying that "less than 1%" of its monthly active users were affected by the incident and that the theft appears to have stopped sometime on Friday or Saturday.
The officials said they were reporting the addresses of the victims to major exchanges and blockchains in order to track and block the movement of the stolen funds.
In a statement to Recorded Future News on Monday, marketing director Roland Sรคde said the investigation is still ongoing so he was unable to speak at length about what happened.
He urged clients to report their stolen funds to the appropriate exchanges.
โOf course, on our end, we are also doing it with the help of outside companies, however, the more eyes the better,โ he said, declining to answer further questions about whether law enforcement had been contacted, whether victims would be repaired. and how much had been stolen.
ZachXBT, cybersecurity expert and cryptocurrency security researcher, tracked losses related to the incident and said they totaled more than $35 million.
Hugh Brooks, CertiK's director of security operations, said blockchain analysis showed that around $35 million was in fact stolen.
โIt is currently unknown how the attack was carried out, but it is likely due to a bug in the wallet providersโ application that exposed usersโ private keys,โ Brooks said, adding that the size of the theft makes let this incident stand out.
โSlope (Solana wallet provider) users were affected by a private key breach resulting in a loss of ~$8 million in 2022, as well as MyAlog users who lost ~$9.2 million in February of this year. This event easily surpasses these two previous incidents combined,โ he said.
dozens of people Twitter flooded report losses, some reaching millions of dollars.
Atomic Wallet has urged customers to contact them or fill out a form about the stolen The wallet is available on Windows, Android, iOS, macOS, and Linux.
jonathan greig
Jonathan Greig is a breaking news reporter at Recorded Future News. Jonathan has worked around the world as a journalist since 2014. Before returning to New York City, he worked for media outlets in South Africa, Jordan, and Cambodia. He previously covered cyber security at ZDNet and TechRepublic.
