At least $35 million worth of crypto assets have been stolen from Atomic Wallet users. Reports have surfaced of tokens being lost, transaction data being erased, and even entire crypto portfolios being destroyed.
"They say they're looking into it, but they don't have anything concrete yet," Emre continued. The funds held at Atomic Wallet were destined for the establishment of a cybersecurity firm in Turkey.
Atomic is a noncustodial-decentralized wallet, meaning users are responsible for assets stored in the application. As usual, its Terms of Serviceany liability for on-chain damages suffered by users."Under no circumstances will Atomic Wallet be liable to you for damages arising out of the services exceeding $50," says one excerpt.
Update: The investigation is still ongoing in a joint effort with the leading security companies. The team is working on possible attack vectors. Nothing yet confirmed. Support team is collecting victim addresses. Reached out to major exchanges and blockchain analytics companies…There has been little information provided by Atomic Wallet to users so far."Support team is collecting victim addresses. Reached out to major exchanges and blockchain analytics companies to trace and block the stolen funds," Atomic's team said in a tweet from June 4 — its second official communication.
In Telegram's community channels, some pointed out the exploit could have originated via an outdated dependency package. Dependency packages describe the relationship between activities to be performed within a program, including the order in which they should be performed, and the libraries needed to perform these activities.
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