North Korean hackers swipe over $100M from Atomic Wallet users
According to Elliptic, a blockchain analysis company, an estimated 5,500 crypto wallets have been affected by the attack.
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According to Elliptic, a blockchain analysis company, an estimated 5,500 crypto wallets have been affected by the attack.
In the aftermath of the attack, Atomic Wallet — along with individual blockchain investigators — have amped up efforts to track and revert stolen funds.
Security teams are investigating the cause of the attack. Reports have surfaced of tokens being lost, transaction data being erased, and even entire crypto portfolios destroyed.
Several users on Twitter have reported losses of crypto assets, claiming funds held on the Atomic Wallet app vanished.
The attacker used the lack of slippage control over tokens to steal the funds.
DeFi saw another multimillion-dollar rug pull this past week, and the Multichain saga continues to spiral out of control.
The total control over Tornado Cash governance allows the attacker to withdraw all of the locked votes, drain all of the tokens in the governance contract and brick the router.
The total value locked in DeFi protocols fell below $50 billion after nearly a month of bullish price action.
The Paraspace CEO and consultants accused each other of mismanaging funds with the Paraspace team asking the CEO to step down publically.
The program offers a maximum reward of $15 million for anyone who identifies vulnerabilities classified as high severity.