HomeNewsExplosive Heist! Atomic Wallet Rocked: $35M Vanished in Bold Hack, Impacting Just...

Explosive Heist! Atomic Wallet Rocked: $35M Vanished in Bold Hack, Impacting Just a Fraction of Users

- Advertisement -
  • Atomic Wallet, a centralized storage and wallet service, faced a significant security breach over the weekend, resulting in the theft of nearly $35 million in various tokens.
  • Despite the magnitude of the loss, Atomic Wallet states that “less than 1% of our monthly active users” were impacted by the breach.

In the latest security mishap to hit the cryptocurrency industry, Atomic Wallet, a popular centralized storage and wallet service, was targeted by a large-scale security breach over the weekend. As a result, almost $35 million worth of different tokens were stolen, underlining the inherent risks of managing digital assets.

Among the pilfered tokens were Bitcoin (BTC), Ether (ETH), Tether (USDT), Dogecoin (DOGE), Litecoin (LTC), BNB coin (BNB), and Polygon (MATIC). On-chain analytics referenced by blockchain expert @ZachXBT indicated that Tether minted on the Tron blockchain was the largest amount stolen.

- Advertisement -

Despite the significant dollar value of the stolen assets, Atomic Wallet reported in a tweet on Monday that the breach had affected

“less than 1% of our monthly active users.”

According to the company, the last transaction drained from the service occurred on Saturday.

Atomic Wallet has not yet released specific details about the nature or mechanics of the attack, although it had previously stated it was actively investigating and analyzing the incident. In an effort to help expedite their ongoing investigations, the firm has requested victims to provide relevant information via a Google Docs form.

- Advertisement -

Interestingly, some affected users have claimed that their digital assets were stolen following a recent software update from Atomic Wallet. Conversely, others maintain that they fell victim to the breach despite not having updated to the latest software version. These accounts, as seen in messages from Atomic Wallet’s official Telegram channel reviewed by CoinDesk, suggest a complex, multi-faceted security compromise that the company is now racing to understand and address.

- Advertisement -
ETHNews does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. ETHNews is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
Brian Johnson
Brian Johnson
A dedicated Bitcoin journalist passionate about uncovering the latest trends, developments, and innovations in the world of cryptocurrency, while delivering engaging and well-researched articles to inform and educate readers on the dynamic digital finance landscape.
- Advertisment -spot_img