{"id":52677,"date":"2023-06-05T07:47:42","date_gmt":"2023-06-05T07:47:42","guid":{"rendered":"http:\/\/egrowonline.com\/?p=52677"},"modified":"2023-06-05T07:47:42","modified_gmt":"2023-06-05T07:47:42","slug":"atomic-wallet-says-hack-affected-1-of-active-users-but-investors-claim-otherwise","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=52677","title":{"rendered":"Atomic Wallet says hack affected 1% of active users, but investors claim otherwise"},"content":{"rendered":"


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A hack that drained $35 million from Atomic Wallet users<\/a> since June 2 impacted less than 1% of its monthly active users, according<\/a> to the company. In the aftermath of the attack, Atomic Wallet \u2014 along with individual blockchain investigators \u2014 have amped up efforts to track and revert stolen funds.<\/p>\n

Trying to cash in on the commotion, a few verified scam Twitter accounts impersonated Atomic Wallet while sharing phishing links claiming to help users recover lost funds. <\/p>\n

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Pseudonymous on-chain researcher ZachXBT further claimed to have helped a victim recover $1 million of lost funds. However, the recovery process is yet to be disclosed, which ZachXBT allegedly \u201cWill share in time but best not to yet.\u201d<\/p>\n

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A huge shoutout goes to @buffalu__<\/a> @brian_smith_0<\/a> for helping us successfully rescue $1m from the Atomic Wallet hacker for one of the victims.<\/p>\n

\u2014 ZachXBT (@zachxbt) June 4, 2023<\/a><\/p><\/blockquote>\n

Despite Atomic Wallet\u2019s announcement, numerous users were continuing to report loss of funds at the time of writing. Additionally, the community called out the company\u2019s attempt to water down the damage, as one user stated<\/a>:<\/p>\n

\u201c% doesn’t matter, hacker intend to focus on big fund wallet only.\u201d<\/p><\/blockquote>\n

The episode reflects on the importance of researching the right service provider when it comes to the safekeeping of crypto assets. Moreover, it questions the \u201cnot your keys, not your coins\u201d narrative preached by numerous crypto wallet providers such as Atomic Wallet, as shown below.<\/p>\n

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ZachXBT\u2019s investigation found that the largest amount lost by an individual in the Atomic Wallet hack was $7.95 million in Tether (USDT<\/a>) on the Tron blockchain. As per the last update, the five biggest losses account for $17 million.<\/p>\n

Related: <\/em><\/strong>Gate.io threatens legal action against rumor-mongers<\/em><\/strong><\/a><\/p>\n

Over the weekend, on June 4, a hacker took control of the mobile phone owned by pro-XRP (XRP<\/a>) lawyer, John Deaton. Deaton\u2019s Twitter account was then used to shill LAW tokens. <\/p>\n

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John Deaton\u2019s phone has been hacked today after a relentless cyberattack over several days. <\/p>\n

This is NOT a legitimate tweet. His account has been taken over. He has taken immediate steps to remedy the situation.<\/p>\n

Please disregard it and all communications from it until you\u2026 https:\/\/t.co\/anOjGBloEi<\/a><\/p>\n

\u2014 CryptoLaw (@CryptoLawUS) June 3, 2023<\/a><\/p><\/blockquote>\n

Soon after the tweet, Deaton and accounts representing him warned users about the hack and were advised against investing in the cryptocurrency.<\/p>\n

Magazine:\u00a0AI Eye: 25K traders bet on ChatGPT\u2019s stock picks, AI sucks at dice throws, and more<\/a><\/em><\/strong><\/p>\n<\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A hack that drained $35 million from Atomic Wallet users since June 2 impacted less than 1% of its monthly active users, according to the company. In the aftermath of the attack, Atomic Wallet \u2014 along with individual blockchain investigators \u2014 have amped up efforts to track and revert stolen funds. Trying to cash in […]<\/p>\n","protected":false},"author":1,"featured_media":52678,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[38],"tags":[1436,7753,15886,2352,517,102,399,1130],"class_list":["post-52677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-active","tag-affected","tag-atomic","tag-claim","tag-hack","tag-investors","tag-users","tag-wallet"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2023\/06\/40e3f5cd-5cae-491b-9f39-ab14e6bd5708.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/52677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52677"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/52677\/revisions"}],"predecessor-version":[{"id":52679,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/52677\/revisions\/52679"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/52678"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52677"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}