Atomic Wallet, an open-source wallet, was the victim of an attack that stole approximately USD 35 million in various cryptocurrencies from some of its users yesterday, June 3rd.
Initially, the alert was made public by several wallet users on Twitter. One of those who reported losing their funds was a developer named Tom.
He said, "Damn it, all my hard-earned money has vanished from Atomic Wallet! It's their responsibility to secure the funds. What will happen to our funds? Please don't copy and paste anything here! Just give a clear answer, many users are facing this today!"
In turn, ZachXBT, a cryptocurrency scam investigator, reported that during his investigations, he found a victim who lost over USD 7 million in Tether (USDT) in the hack.
"The top five largest losses amount to USD 17 million. My chart has now surpassed USD 35 million in total stolen," noted the investigator who conducts on-chain investigations.
ZachXBT revealed that among the stolen cryptocurrencies were BTC, ETH, Tron, BSC, ADA, Ripple, Polkadot, Cosmos, Algo, Avax, XLM, LTC, and Doge.
Atomic Wallet confirmed the theft and is conducting investigations.
The team behind Atomic Wallet issued an initial message stating that they are "doing everything possible to investigate and analyze the situation" and that they will share more information as it becomes available.
Hours later, they confirmed the incident. In that regard, they stated that they are collecting the victims' addresses. They also said that they have reached out to major exchanges and blockchain analytics firms to "track and block the stolen funds."
Currently, neither Atomic Wallet nor independent investigators have identified how the attack was carried out or what security breach the cybercriminals exploited to commit the theft.
Hacks are commonplace in the cryptocurrency industry. As reported by CriptoNoticias, April of this year was the third month with losses exceeding USD 100 million, with protocol exploit attacks being the favorite of the attackers.
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