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Home»Scam»Atomic Wallet Investigates Exploit as Wave of Crypto Users Report Stolen Funds
Atomic Wallet Investigates Exploit as Wave of Crypto Users Report Stolen Funds
Scam

Atomic Wallet Investigates Exploit as Wave of Crypto Users Report Stolen Funds

2023-06-04No Comments2 Mins Read
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The team behind Atomic Wallet is investigating reports of an attack from users who say their crypto was abruptly stolen.

So far, the company has issued one official statement and asks users to contact them via email.

“We have received reports of wallets being compromised. We are doing everything we can to investigate and analyze the situation. As soon as we have more information, we will share it accordingly.”

Atomic Wallet supports over 1,000 crypto assets and describes itself as a decentralized, non-custodial app that has no access to users’ private keys.

“Atomic Wallet is an interface that gives you access to your money on the blockchain. The most important information, such as your private keys and backup phrase, is stored locally on your device and is highly encrypted. The wallet and all operations in it are password protected.

Atomic Wallet does not store any of your private information, making you the sole owner of your keys and money.

At the time of publication, the pseudonymous on-chain analyst was ZachXBT say a long list of coins are taken from wallets and the biggest victim he found lost $3.5 million in Ethereum (ETH).

“Update: Just worth over $14 million [total] stolen funds from Bitcoin, Ethereum, Tron, Binance Coin, Cardano, XRP, Polkadot, Cosmos, Algorand, Avalanche, Stellar, Litecoin and Dogecoin.

I estimate that at least $20 million was stolen.”

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Atomic Crypto Exploit funds Investigates report stolen Users Wallet Wave
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