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<p class="is-style-lead">There are reports of a significant hack that targeted Atomic Wallet, a non-custodial decentralized wallet. As a result, users are currently dealing with the consequences, with some reporting that they have lost their entire cryptocurrency portfolios.</p><p>Initial indications of the hack emerged from the crypto community on Twitter, with users expressing their distress over the complete loss of their funds. They voiced their concerns, urging the team behind the platform to provide a transparent and concise explanation in response to the situation.</p><figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper"><iframe title="ATOMIC WALLET HACKED. DO THIS NOW!" src="https://www.youtube.com/embed/vPPz9efyKNk?feature=oembed"></iframe></div></figure><p>On June 3, the<a href="https://atomicwallet.io/blog" rel="noopener noreferrer nofollow"> Atomic Wallet</a> team took to Twitter, acknowledged the reports of compromised wallets, and assured users that they were actively investigating and analyzing the situation. The team also expressed their commitment to sharing further details as they become available.</p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet"><p>We have received reports of wallets being compromised. We are doing all we can to investigate and analyse the situation. As we have more information, we will share it accordingly.<br><br>For any questions and concerns, contact support@atomicwallet.io</p>— Atomic – Crypto Wallet (@AtomicWallet) <a href="https://twitter.com/AtomicWallet/status/1664946301815910400?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 3, 2023</a></blockquote></div></figure><p>Numerous users responded to the tweet, sharing accounts of their losses and stating that an attacker had wiped out funds from their <a href="https://www.forbes.com/sites/digital-assets/article/what-are-crypto-wallets/?sh=64f07f766a62" rel="noopener noreferrer nofollow">digital wallet</a> app. The exact method used to carry out the attack remains undisclosed.</p><div class="cn-block-related-link"><span class="cn-block-related-link__prefix"> You might also like: </span><a href="https://crypto.news/peter-schiffs-twitter-account-reportedly-hacked-to-promote-crypto-scam/" class="cn-block-related-link__link" rel="noopener noreferrer nofollow"> Peter Schiff’s Twitter account reportedly hacked to promote crypto scam </a></div><h2 class="wp-block-heading" id="strong-zachxbt-on-the-case-strong"><strong>ZachXBT on the case</strong></h2><p>To gauge the extent of the damage, on-chain investigator<a href="https://crypto.news/investigator-claims-bitbns-said-7-5m-hack-was-system-maintenance/" rel="noopener noreferrer nofollow"> ZachXBT</a> has urged affected individuals to share transaction hashes related to the stolen funds.</p><p>Based on the reports received thus far, ZachXBT has traced and confirmed the theft of funds amounting to over $14 million. However, the overall sum stolen is estimated to reach as high as $35 million.</p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet"><p>Update: Just surpassed $14M worth of stolen funds on my graph across Bitcoin, ETH, Tron, BSC, ADA, Ripple, Polkadot, Cosmos, Algo, Avax, XLM, LTC and Doge. <br><br>I would estimate $20m has been stolen at minimum.</p>— ZachXBT (@zachxbt) <a href="https://twitter.com/zachxbt/status/1665151915355676674?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 4, 2023</a></blockquote></div></figure><p>The exploit has impacted more than 100 addresses, resulting in the theft of assets across various blockchain networks, including bitcoin (<a href="https://crypto.news/bitcoin-transaction-volume-hits-monthly-highs-as-coin-drops-below-27k/" rel="noopener noreferrer nofollow">BTC</a>), ethereum (ETH), tron (TRX), binance smart chain (BSC), and cardano (<a href="https://crypto.news/charles-hoskinson-bitcoin-ordinals-could-look-better-on-cardano/" rel="noopener noreferrer nofollow">ADA</a>), among others.</p><p>The illicit activities occurred between June 2 and June 3. The most significant individual loss reported is $7.95 million in USDT. According to ZachXBT, the five most significant losses combined totaled $17 million.</p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet"><p>Update: A new largest victim was found on Tron with 7.95M USDT stolen,<br><br>The five biggest losses account for $17M.<br><br>My graph has now surpassed $35M in total stolen. <a href="https://t.co/eqfXkm9vlL" rel="noopener noreferrer nofollow">pic.twitter.com/eqfXkm9vlL</a></p>— ZachXBT (@zachxbt) <a href="https://twitter.com/zachxbt/status/1665267820836319233?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 4, 2023</a></blockquote></div></figure><p>Meanwhile, the on-chain investigator has disclosed that approximately $1 million has been successfully recovered. He has assured the community that he will share further details regarding this recovery process.</p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet"><p>A huge shoutout goes to <a href="https://twitter.com/buffalu__?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@buffalu__</a><a href="https://twitter.com/brian_smith_0?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@brian_smith_0</a> for helping us successfully rescue $1m from the Atomic Wallet hacker for one of the victims.</p>— ZachXBT (@zachxbt) <a href="https://twitter.com/zachxbt/status/1665226056570118146?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 4, 2023</a></blockquote></div></figure><p>In an alarming development, several malicious actors have taken advantage of the situation by disseminating <a href="https://medium.com/ngrave/4-common-crypto-phishing-attacks-how-to-avoid-them-e47510970c1" rel="noopener noreferrer nofollow">phishing</a> links in comment sections, seeking to exploit unsuspecting victims.</p><p>ZachXBT has issued a cautionary message, urging the community to exercise utmost vigilance when encountering such tweets.&nbsp;</p><div class="cn-block-related-link"><span class="cn-block-related-link__prefix"> Read more: </span><a href="https://crypto.news/hacking-smart-contracts-with-ai-could-target-old-vulnerabilities-research-shows/" class="cn-block-related-link__link" rel="noopener noreferrer nofollow"> Hacking smart contracts with AI could target old vulnerabilities research shows </a></div>

Atomic Wallet hacked, users lose millions in crypto

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