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Atomic Wallet Claims ‘Less Than 0.1%’ of Users Affected by $100M Hack

June 22, 2023
in Web3
Reading Time: 4 mins read
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Atomic Pockets has launched a follow-up report on the hack it suffered on June 3. Within the report, the Atomic Pockets workforce wrote that “lower than 0.1%” of its 5 million customers had been affected by the hack, and that “no new circumstances have been reported since June 3.” 

It added that the workforce is working to get well the funds and establish the reason for the assault, “collaborating with main exchanges to freeze suspicious deposits” and partnering with blockchain evaluation companies Chainalysis and Crystal to trace the stolen funds.

A spokesperson from the workforce instructed Decrypt in a chat on Atomic’s Telegram channel that “some funds are blocked at some exchanges” however they couldn’t present precise figures.

June third occasion Assertion. To summarise, lower than 0.1% of Atomic app customers have been affected. Since then, no new circumstances have been reported.

Not one of the attainable points are confirmed as doubtlessly inflicting huge breaches, no less than within the newest app variations. Builds are verified… pic.twitter.com/YTcOFpo3M3

— Atomic – Crypto Pockets (@AtomicWallet) June 21, 2023

At this time’s report didn’t disclose the overall quantity misplaced within the hack. On June 14, blockchain safety agency Elliptic reported the hackers stole greater than $100 million, up from the $35 million initially cited by pseudonymous blockchain sleuth ZachXBT. Elliptic’s June 14 report additionally famous that crypto price $1 million was frozen throughout exchanges.

‘Sorta Lazarus Group’

The Atomic Pockets workforce claims to have narrowed the potential causes to 4 potentialities, together with “virus focusing on on native customers units, infrastructure breach, malware code injection, or a man-in-the-middle assault.”

Whereas right this moment’s report didn’t affirm the attacker’s id, safety companies Elliptic and MistTrack have established hyperlinks to the infamous North Korean hacking group Lazarus.

Chatting with Decrypt, an Atomic Pockets spokesperson wouldn’t affirm the North Korean group’s involvement, whereas noting that, “some investigation businesses” had claimed that it was the work of “sorta Lazarus group.”

In line with Elliptic, Lazarus Group was caught changing the stolen tokens to Bitcoin earlier than mixing them by means of Blender.io in a bid to launder the funds.

Additional investigation from the sleuths revealed lately that the hackers had been utilizing a number of strategies to avoid makes an attempt to freeze the stolen funds. 

Elliptic discovered that hackers had used sanctioned Russian crypto trade Garantex to transform crypto to fiat.

MistTrack’s newest report from June 20 additionally factors to the usage of decentralized bridges reminiscent of ThorChain and Swift Blockchain to transform stolen ETH to BTC.

Keep on prime of crypto information, get every day updates in your inbox.



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Tags: 100MAffectedAtomicclaimsHackUsersWallet
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