Cryptocurrency

Restless Atomic Wallet hack victims express frustration over lack of updates

Atomic Wallet users have expressed frustration at the lack of updates since the June 3rd hack.

Recent Post on Reddit The OP emphasized the user’s emotional state by asking multiple questions such as “What’s really going on?” And “What was the problem?”

The OP’s frustration at being left in the dark boiled over to speculation that the hack was an inside job, with the post’s commenters and others repeating the theme.

atomic wallet hacked

June 3rd, atomic wallet It said it received multiple reports of wallet hacks. He said the investigation is ongoing and will share information soon.

A released an update on June 5, saying the issue appears to be affecting a small number of users, with the last fraudulent withdrawal occurring almost two days ago.

Less than 1% of monthly active users are currently affected/reported. The last drained transaction was seen over 40 hours ago.

However, some users dispute claims that hacking activity stopped 40 hours before the June 5th update. for example, 1 user posted a screenshot showing bitcoin leaving the wallet around 1am on June 3rd.

The latest information on this issue indicates that $35 million The cryptocurrency was stolen and one victim lost $7.95 million in USDT, making it the most significant single loss.

community grievances

Atomic Wallet’s official Twitter account has not posted since the update on June 5, fueling the anxiety of the victims.

The most upvoted comment on the Reddit post above expressed frustration at the lack of updates, stating that given the victims were not responsible for the losses, the situation was getting worse.

“Seriously, the lack of up-to-date information on the scale of this hack is appalling. I can’t stand being robbed not because of my carelessness but because of a security flaw in the app…”

However, another commenter indicated that the team was busy resolving the situation, including recovering the funds, saying, “No news is good news.”

The question of whether or not Atomic Wallet will refund users has been a frequent topic of discussion among commenters.

Although there is no formal confirmation of the attack vector used, btc21.de founders Joco It claimed that a malicious automatic update sent the attacker the private key when the app was opened.

Joko also speculated that: “Looking at the utterly awful response from the AW team, I believe this was a rug pull.”

To answer your comment about whether other hot wallets such as Exodus, Trust, Argent, etc. can also use the auto-renewal method. Joco Unlike Atomic Wallet, these wallets are open source, so it said it is possible but unlikely.

Related Articles

Back to top button