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Author Topic: My Bitcoin was stolen from Atomic wallet on the 3rd of June  (Read 356 times)
Cricktor
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September 24, 2023, 11:13:36 PM
 #41

Last time I saw some citation of Atomic Wallet's terms of service there was a statement that losses caused by faults of Atomic Wallet shall be compensated at max of 50$ per user. Well, Atomic Wallet reiterates their mantra, it's not their fault. So from their standpoint there's no obligation to compensate anyone who was robbed their coins. I'm sure that somewhere in some wall of text you acknowledge their ToS by using the wallet.

Clearly, I'm not defending Atomic Wallet at all, on the contrary.

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Odohu
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September 25, 2023, 01:19:37 AM
 #42

I am also a frequent atomic user and got lucky nothing was stolen.
But, I have to admit, at the time of the hack I didn't real hold a lot of funds, haha. Lucky for me.
Though there have been times that this wallet contained a good amount of $ of several currencies. If the timing would have been worse i could have lost a lot as well and that's a scary thought for me.
Most of my funds are in my open source wallet, I just had about $10 TRX in my atomic wallet, after the hack I went to check and it was sitting right there. Lucky me, I had to quickly transfer it out of the wallet. Maybe they hacker was targeting wallets with bigger funds. For those who lost their assets, I can only hope they learn from their mistakes and never to store their funds in a closed source wallet like atomic wallet.
I don't know why I always have the feeling that most of these hacks are done by the developers of these wallets. I can be wrong but I think there is always an insider in all these as it is easier for the developers to find any loopholes than an outsider.  

That's why I stopped using it until they implement some better security.
If you love your funds, I will advise you stay away from that wallet because this is a very bad signal. One of the ways to avoid regrets is in this digital space is to be sensitive to red flags such as we have seen in atomic wallet.

R


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September 25, 2023, 09:49:08 PM
 #43

I don't know why I always have the feeling that most of these hacks are done by the developers of these wallets. I can be wrong but I think there is always an insider in all these as it is easier for the developers to find any loopholes than an outsider.
It's important to realise the danger of insiders carrying out hacks. If they've found vulnerabilities they don't have to If it's open source you're giving yourself the best chance to keep cryptocurrencies safe.

[If you love your funds, I will advise you stay away from that wallet because this is a very bad signal. One of the ways to avoid regrets is in this digital space is to be sensitive to red flags such as we have seen in atomic wallet.
If a wallet's been flagged it shouldn't be used it's common sense. If you didn't know it's compromised it isn't your fault. Don't have regrets download wallets from official sites.

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September 25, 2023, 10:54:56 PM
 #44

This is horrible news. I read the breach affected at least 5,500 crypto accounts on their platform and over $35 million in crypto stolen.
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September 25, 2023, 11:01:38 PM
 #45

I don't know why I always have the feeling that most of these hacks are done by the developers of these wallets. I can be wrong but I think there is always an insider in all these as it is easier for the developers to find any loopholes than an outsider. 
Thinking of it like a back job from the developers themselves, right? That gut feel could be right but it will remain as a gut feel as we can't prove that.

If you love your funds, I will advise you stay away from that wallet because this is a very bad signal. One of the ways to avoid regrets is in this digital space is to be sensitive to red flags such as we have seen in atomic wallet.
There have been bad news about that wallet and that's why it's best to avoid it while you can. There are people that are hard hearded that despite knowing the news about them, they don't bother and just continued using it.


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