It is important to note that these reports are based on allegations, and further investigation is needed to confirm any connections. There have been reports suggesting that illicit funds from the hack have been traced to Sinbad.io, a crypto mixer allegedly favored by the Lazarus Group, a North Korean cyber-hacking group responsible for the Ronin and Harmony hacks. While specific details of the breach have not been disclosed by the company, they have requested affected users to provide information through Google Forms to assist with the investigation. Investigation And Suspected CulpritsĪtomic Wallet has reported that they are investigating a recent hack that impacted 1% of their monthly active users. The security audit firm Least Authority previously warned of risks in Atomic Wallet, citing vulnerabilities like flawed cryptography, non-adherence to best practices, insufficient documentation, and incorrect use of the Electron framework, all potentially endangering user funds.

Among the stolen assets, Tron-based USDT was reported to be the largest stash. Over the weekend, Atomic Wallet suffered a breach resulting in the theft of cryptocurrencies worth at least $35 million, including bitcoin (BTC), ether (ETH), tether (USDT), dogecoin (DOGE), litecoin (LTC), BNB coin (BNB), and polygon (MATIC). It is essential for platform owners to perform dApp audits to provide their end users with secure wallets.

This article provides an overview of the incident and the ongoing investigation. Atomic Wallet, a centralized storage and wallet service, fell victim to the breach, resulting in the theft of $35-100 million worth of various tokens.

The crypto industry recently witnessed another high-profile hack, underscoring the critical importance of wallet security.

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