After receiving reports of compromised cryptocurrency wallets, cryptocurrency wallet manufacturer Atomic Wallet disclosed a massive attack on Saturday, June 3.
On Twitter, Atomic said it has begun looking into the matter and promised to provide updates as they become available.
A day later, anonymous on-chain researcher ZachXBT claimed that his investigation had shown that more than $35 million had been taken from Atomic wallets. The most extraordinary breach victim on the Tron blockchain lost 7.95 million USDT.
ZachXBT said $17 million was taken from the top five targets. The blockchain investigator responded to a remark by saying he expects the amount of stolen cryptocurrency from the attack might exceed $50 million since he is “finding more and more victims.”
The first transaction involving stolen assets from the Atomic Wallet happened on June 2, at 21:45 UTC, according to a crypto security study conducted by Tay.
The cryptocurrency wallet said it hired outside security firms to investigate the incident and block the stolen bitcoins from being traded on cryptocurrency exchanges.
Because of security concerns, the creators of Atomic shut down their download site at get.atomicwallet.io. Meanwhile, the famous crypto news account whale charts said that the attack was made possible by a “malicious update” that sends users’ private keys to the culprit whenever the app is opened.
