Atomic Wallet’s hack statement raises user concerns amid $100m losses

Atomic Wallet's statement about the hack has caused user concerns following losses of around $100 million. Despite releasing a detailed event statement, the decentralized wallet provider has left users wanting more clarity.



In a blog post on June 20, Atomic Wallet provided its first significant update since the exploit on June 3. They claimed that no new confirmed cases have emerged after the initial reports of the hack.



The company reiterated their previous claim that less than 0.1% of app users were affected, but this statement has been met with skepticism and criticism online.



Atomic Wallet did not disclose the exact cause of the exploit, instead presenting four potential causes, including a virus on user devices, an infrastructure breach, a man-in-the-middle attack, or malware code injection.



While none of these


First found on: https://coinatory.com/2023/06/22/atomic-wallets-hack-statement-raises-user/?utm_source=BG&utm_medium=Blogger+Some+Crypto+Blog&utm_campaign=SNAP