Atomic Wallet
Contents
Atomic Wallet - REKT
Atomic Wallet blew up earlier this month.
While the news cycle became overrun by the regulatory grudgematch, North Korea’s Lazarus Group have remained busy…
…and the losses have continued to mount.
Elliptic puts the total at over $100M gone so far, with the worst-hit victim losing $8M USDT.
But the true total may be far higher.
Last August, when a similar attack ran rampant on Solana, we wrote:
Panic, chaos, suspicion.
All are inevitable reactions to an indiscriminate attack, where nobody knows who’s safe, and who’s next.
With still no clarification from Atomic Wallet, this time is no different.
Many have blamed the team’s past attitude to security concerns.
In 2021, Atomic Wallet were informed of vulnerabilities in their product, but didn’t engage with the auditors, Least Authority, who were left with no option but to publish a warning to users.
Why didn’t Atomic fix this ticking time bomb?
Atomic Wallet addresses began to be drained just before 10pm …
Atomic Wallet blew up earlier this month.
While the news cycle became overrun by the regulatory grudgematch, North Korea’s Lazarus Group have remained busy…
…and the losses have continued to mount.
Elliptic puts the total at over $100M gone so far, with the worst-hit victim losing $8M USDT.
But the true total may be far higher.
Last August, when a similar attack ran rampant on Solana, we wrote:
Panic, chaos, suspicion.
All are inevitable reactions to an indiscriminate attack, where nobody knows who’s safe, and who’s next.
With still no clarification from Atomic Wallet, this time is no different.
Many have blamed the team’s past attitude to security concerns.
In 2021, Atomic Wallet were informed of vulnerabilities in their product, but didn’t engage with the auditors, Least Authority, who were left with no option but to publish a warning to users.
Why didn’t Atomic fix this ticking time bomb?
Atomic Wallet addresses began to be drained just before 10pm …