Atomic Wallet Hack: At Least 1% of Users Affected, $35M+ Stolen

“At the moment less than 1% of our monthly active users have been affected/reported. Last drained transaction was confirmed over 40h ago,” the wallet’s team wrote this morning.Contrary to the wallet’s statement, some users claim their transactions have been drained less than 40 hours ago, though these claims are yet to be confirmed.Comment from a discussion thread.”Security investigation is ongoing. We report victim addresses to major exchanges & blockchain analytics to trace and block the stolen funds,” added the wallet’s team.According to on-chain investigator ZachXBT, approximately $35 million of user funds have been siphoned from user wallets so far, including USDT, ETH, TRX, BTC, BSC, ADA, XRP, ALGO, AVAX, LTC, DOGE and other holdings.Some users report that their holdings were stolen following a recent software update, while others say they were impacted despite not updating to the latest version, messages from Atomic Wallet’s official Telegram channel and other discussion threads reveal.Atomic Wallet team has been receiving harsh criticism about the way it is handling the situation. Some investigators point out that the wallet may not have built in a secure way.Atomic Wallet is a closed source, multicoin, and non-custodial wallet that supports over 90 different coins and over 1000 tokens. It is available on Android and iOS, as well as Windows, MacOS, and Linux.This post will be updated as more details emerge.

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