Atomic Wallet Hack Worked by Professional Hackers, Funds Transferred to Exchanges Blocked

Atomic Wallet Hack Worked by Professional Hackers, Funds Transferred to Exchanges Blocked

Atomic CEO Konstantin Gladych said the team is now collecting data from affected users and passing it to the blockchain analysis firms like Chainalysis, Crystal and Elliptic, he said, adding that part of the funds landed on exchanges and has been blocked. “The attack was definitely organized by a team of professional hackers. They're using scripts, splitting of the funds, mixers, etc.,” Gladych said.

The team behind Atomic Wallet announced last week that some users had been compromised and lost funds from their wallets. $35 million worth of cryptocurrency assets has been stolen from Atomic Wallet users since June 2, according to an analysis conducted by on-chain investigator ZachXBT. The five largest losses account for $17 million.

Atomic Wallet users might have fallen victim to Lazarus, the North Korean hacking group, said blockchain intelligence firm Elliptic. The stolen crypto has been funneled to a mixer called Sindbad.io. This mixer, which Elliptic believes is a successor of the previously sanctioned mixer Blender.io, has been often used to launder money from other hacks attributed to Lazarus, and the usage pattern is the same, Elliptic said.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Wallet

Security Incidents

Related News
Mixin: Compensation Ratios for $BTC, $ETH, and $USDT are 90%, 30%, and 10% Respectively Mixin: Compensation Ratios for $BTC, $ETH, and $USDT are 90%, 30%, and 10% Respectively
HTX (Huobi) Hacked for $8M and Has Fully Covered the Losses HTX (Huobi) Hacked for $8M and Has Fully Covered the Losses
Mixin Founder Feng Xiaodong: Will Compensate Up to 50% of Losses Mixin Founder Feng Xiaodong: Will Compensate Up to 50% of Losses
Mixin Network Cloud Service Provider Database was Attacked, Funds Involved about $200M Mixin Network Cloud Service Provider Database was Attacked, Funds Involved about $200M
CoinEx Resumes Deposits and Withdrawals for $BTC, $ETH and More CoinEx Resumes Deposits and Withdrawals for $BTC, $ETH and More
Latest News More More
Oracle Project Supra Closes Over $24 Million in Funding with Coinbase Ventures Involved
1xBit Adds Two Exclusive Deposit Methods – Arbitrum and Algorand
Argentina to Roll Out Digital Identity for Citizens Built on zkSync Era
1 Hour Ago Bitcoin Face High Selling Pressure From Miners
6 Hours Ago ConsenSys' Layer 2 network Linea to Issue Soul-Bound Token Voyage XP
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open