The Atomic Wallet, a noncustodial-decentralized wallet with over 5 million users worldwide, has suffered a security breach resulting in the theft of at least $35 million worth of cryptocurrencies. Reports indicate that tokens have been lost, transaction data erased, and entire crypto portfolios stolen. An independent investigation by ZachXBT, a well-known crypto sleuth, reveals that the largest victim lost $7.95 million in Tether (USDT) alone. Atomic Wallet has acknowledged the attack and is currently investigating the cause. However, users have expressed frustration over the lack of concrete information and support from the company.
Atomic Wallet's Terms of Service state that the platform does not accept liability for on-chain damages, and users are responsible for the assets stored in the wallet. The stolen funds include various cryptocurrencies such as Bitcoin (BTC), Dogecoin (DOGE), Litecoin (LTC), Ether (ETH), USDT, USD Coin (USDC), BNB, and Polygon (MATIC). The victims of the attack, including cybersecurity professionals, are concerned about the slow response and limited communication from Atomic Wallet.
The attack on Atomic Wallet adds to the growing list of crypto hacks in recent times. Other notable incidents include the $7.5 million exploit of the Jimbos Protocol and the takeover of Tornado Cash's governance through a malicious proposal. Last year, according to a Chainalysis report, crypto hackers stole an estimated $3.8 billion, with a significant portion attributed to attacks associated with decentralized finance protocols. Cointelegraph reached out to Atomic Wallet for comment but did not receive an immediate response.
