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nlovric (OP)
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June 04, 2023, 08:49:53 AM |
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 Source About 21 hours ago Atomic Wallet posted a tweet on their official Twitter account stating that they had received numerous reports of funds being stolen from user wallets. Following the tweet many users commented that money was also missing from their wallets. This incident has affected a large number of users and Atomic Wallet is still investigating whether the issue was caused by a scam or a hack. User Report: Cointelegraph Report:Atomic Wallet app users have reported the loss of their crypto assets and claimed their funds disappeared from decentralized wallets. Atomic Wallet has taken note of these reports and is investigating the situation. On chain investigator ZachBTX also weighed in. The incident adds to a growing list of frequent crypto hacks affecting current targets such as DeFi app Jimbos Protocol and crypto mixer Tornado Cash. Crypto hacking remains a major problem as billions of dollars were stolen last year reports show with experts warning that some large scale attacks could disrupt the downward trend in the average hacker size. https://cointelegraph.com/news/atomic-wallet-exploited-users-report-loss-of-entire-portfolios URGENT: If anyone have funds in Atomic Wallet then Withdraw your Funds as soon as possible |
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CYBER_COWBOY
Member
 Offline
Activity: 196
Merit: 42
Don't talk the talk, if you can't walk the walk.
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June 04, 2023, 11:00:17 AM |
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So if i have understood this correctly the people using atomic wallet have from nowhere lost their funds they have on the wallet? wow that is crazy and sad. Is it possible to see where the funds has been sent? How is this possible to even happen? Do you think its some hacker outside atomic that is responsibility for this or atomic? This is kinda worrying news if something like this can happen at atomic, it could happen on another wallet provider to, and with that said... to hold bitcoin is no longer a safe thing. Life changer. Hope I wrong. Damn..  |
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Who is John Galt?
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June 04, 2023, 11:20:05 AM |
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So if i have understood this correctly the people using atomic wallet have from nowhere lost their funds they have on the wallet? wow that is crazy and sad. Is it possible to see where the funds has been sent? How is this possible to even happen? Do you think its some hacker outside atomic that is responsibility for this or atomic? This is kinda worrying news if something like this can happen at atomic, it could happen on another wallet provider to, and with that said... to hold bitcoin is no longer a safe thing. Life changer. Hope I wrong. Damn.. If you remember the recent Ledger story, then yes, almost any wallet can be compromised, especially if it has a closed code, as Jawhead999 wrote above. As he correctly noted, due to the closed code, it is almost impossible for the outside to find out who exactly and how stole the funds from the wallets of the victims. For long-term hold, you can also use a paper wallet, if everything is done correctly, then it is not so easy to hack it. |
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bittraffic
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June 04, 2023, 11:39:10 AM |
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So if i have understood this correctly the people using atomic wallet have from nowhere lost their funds they have on the wallet? wow that is crazy and sad. Is it possible to see where the funds has been sent? How is this possible to even happen? Do you think its some hacker outside atomic that is responsibility for this or atomic? This is kinda worrying news if something like this can happen at atomic, it could happen on another wallet provider to, and with that said... to hold bitcoin is no longer a safe thing. Life changer. Hope I wrong. Damn.. If you remember the recent Ledger story, then yes, almost any wallet can be compromised, especially if it has a closed code, as Jawhead999 wrote above. As he correctly noted, due to the closed code, it is almost impossible for the outside to find out who exactly and how stole the funds from the wallets of the victims. For long-term hold, you can also use a paper wallet, if everything is done correctly, then it is not so easy to hack it. Its why OP also put this thread in accusation forum for there maybe he suspects Atomic team itself is compromised. We may be too suspicous about it but we never know. Things usually get ugly every bear market and a legit company can sometimes snap. I'd like to believe they still can be trusted though and provemthe public its really a hack from the outside to clear them. |
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Stalker22
Legendary
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Activity: 1512
Merit: 1359
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June 04, 2023, 12:31:18 PM |
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So if i have understood this correctly the people using atomic wallet have from nowhere lost their funds they have on the wallet? wow that is crazy and sad.
Is it possible to see where the funds has been sent? How is this possible to even happen? Do you think its some hacker outside atomic that is responsibility for this or atomic?
It is hard to say for sure what's going on at the moment. Based on what I've seen on Twitter and Reddit, it seems that over $20 million has been reported as stolen so far. However, it's highly probable that the final total will end up being much higher. According to the information I've come across, it appears that the attack originated from hacking their official website. The attackers allegedly released a malicious version of the software disguised as an upgrade. But this is all unconfirmed at this point and should be taken as speculation. This is kinda worrying news if something like this can happen at atomic, it could happen on another wallet provider to, and with that said... to hold bitcoin is no longer a safe thing.
Life changer. Hope I wrong.
You are wrong. You know, Atomic wallet is actually closed source software, and that makes a big difference. Moreover, to the best of my knowledge, it has never really been endorsed or recommended by the Bitcoin community, if you catch my drift. You can even see this from the trust rating on their bitcointalk profile: | | JollyGood | | 2018-11-01 | | Reference | | Thanks to user ni23457 we now know ChangeNOW, Changelly, Evercode, Guarda and Atomic Swaps are operated by the same scammers.
They use selective scamming techniques to steak from people but on this occasion the user "ni23457" exposed the scam artists for the scammer thieves they are.
The user ni23457 paid for Bitcointalk banner adverts from his pockets in order to expose the ChangeNOW, Changelly, Evercode, Guarda and Atomic Swaps scammers because they stole 110 BCH from him but he made them give it back !
https://bitcointalk.org/index.php?topic=4619534.msg46792439#msg46792439 |
Here is more information to read: Russian Changelly, Atomic Wallet, ChangeNOW, Guarda, Ink.one, Evercode Lab |
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Stalker22
Legendary
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Activity: 1512
Merit: 1359
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June 04, 2023, 01:28:52 PM |
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What is the difference from that from example an wallet like Exodus?
I got quite a lot of money right now at Exodus.
Should I be worried?
Honestly, I do not know much about the Exodus wallet. I haven't really looked into it or tried it out myself. But from what I gather, there does not seem to be any connection between the Exodus wallet and the Atomic wallet. So, I reckon this might not be the ideal thread to have a discussion about it. If you have concerns regarding the security of your cryptocurrency assets, I recommend doing thorough research on best practices for implementing a form of cold storage. One popular option is to consider hardware wallets, which offer enhanced security measures. However, there are other viable methods as well. For instance, you can explore the option of setting up a reputable open-source wallet on an offline (air-gapped) device. |
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Bureau
Sr. Member
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Activity: 434
Merit: 268
Eloncoin.org - Mars, here we come!
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June 04, 2023, 01:56:58 PM |
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In 2018 there was thread - Atomic Wallet and Guarda' owners == SCAM ChangeNOW' owners by ni23457. This topic was ignored by a majority. A few that responded to this thread were those who did not like Atomic wallet being closed source. What we are seeing now was already predicted back in 2018! It is nothing but a scam from the team and eventually those who ignored this topic and those who ignored the concept not my keys not my coins are the one suffering. Your coins/money have been lost. I am confident they will come up with a good excuse. I feel sorry for those who believed in this wallet. I am just waiting for those who are using Tust wallet. Thanks. |
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Rikafip
Legendary
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Activity: 1764
Merit: 6020
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June 04, 2023, 03:04:14 PM |
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So if i have understood this correctly the people using atomic wallet have from nowhere lost their funds they have on the wallet? Yep, that's what some of their users claim and its not the first time this has happened with Atomic. Is it possible to see where the funds has been sent? Sure, but those who lost their crypto would have to share their addresses so experts can track it and @zachxbt (that's his Twitter username) is already on it. This is kinda worrying news if something like this can happen at atomic, it could happen on another wallet provider to, and with that said... to hold bitcoin is no longer a safe thing.
Life changer. Hope I wrong.
That's why it is imperative to use open source wallet like Electrum (Atomic is closed source) that is tested by community so we know that there is no malicious code that can cause someone stealing yoiur money. |
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Myleschetty
Member
 Online
Activity: 1159
Merit: 78
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June 04, 2023, 04:02:27 PM |
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I feel sorry for the cryptocurrency investors that make use of this Atomic wallet due to their habit of choosing easy-to-use wallets over security, not even a cryptocurrency wallet that was hacked twice in a roll and also not open source.
Maybe it is always an inside job of the wallet development team.
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Gladitorcomeback
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June 04, 2023, 06:41:06 PM |
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Atomic team is still investigating and they not traced the real hackers. Wallet hack is now become very common. some week ago i read an article about Trustwallet that theirs saved address has been compromised and hackers put their own address. Many trust wallet users lost fund there. Bitkeep wallet was aslo hacked this year but they Airdropped to compromise wallets. These all incidents give us warning that we should use only hardware wallet or open source wallet to keep secure our funds. Is it possible to see where the funds has been sent? Sure, but those who lost their crypto would have to share their addresses so experts can track it and @zachxbt (that's his Twitter username) is already on it. Atomic wallet latest tweets show that they have already hacked addresses and they started investigation with the help of experts companies. They are looking for fund transfer to any exchange. That's why it is imperative to use open source wallet like Electrum (Atomic is closed source) that is tested by community so we know that there is no malicious code that can cause someone stealing your money.
Is there any open source wallet for altcoins also because most of newbies are holding Altcoins and ratio of btc holder are very less? I think My ether wallet (MEW) is best one for storing Altcoins. |
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ScamViruS
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June 04, 2023, 06:56:09 PM |
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The main problem with inexperienced crypto users is that they want to get everything easily, they don't want to put an effort into learning anything. In the meantime I have seen them choose different low-quality wallets and store their funds there, and later suffer major problems. Maybe it is always an inside job of the wallet development team.
Insiders are most likely to be involved in this type of activity, because even if they themselves deceive their users, there is no way to understand that they are actually doing these things. Crypto users should learn how to use wallets to keep their funds safe, so that their hard-earned money does not end up in the hands of scammers in the future. |
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tabas
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June 04, 2023, 08:27:20 PM |
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What is the difference from that from example an wallet like Exodus?
I got quite a lot of money right now at Exodus.
Should I be worried?
Both of them are closed sourced multi-wallets and has history that users reported to have lost funds. If you've got a lot of money into these wallets, it's recommended to have it on a hardware wallet rather than these wallets. Not to scare you out but if you've got Bitcoin there, it's better to move it on Electrum, Wasabi or Samourai wallet while you're waiting for the delivery of your hardware wallet. I feel sorry for the cryptocurrency investors that make use of this Atomic wallet due to their habit of choosing easy-to-use wallets over security, not even a cryptocurrency wallet that was hacked twice in a roll and also not open source.
Maybe it is always an inside job of the wallet development team.
It's because these wallets are marketed as an easy to use wallet but technically, they're not mentioning that they're a closed source although it's mentioned on their FAQ but it's a discussion that they wouldn't speak to their users as it may not seem look important to them. |
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Helena Yu
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June 05, 2023, 06:36:46 AM |
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Is there any open source wallet for altcoins also because most of newbies are holding Altcoins and ratio of btc holder are very less? I think My ether wallet (MEW) is best one for storing Altcoins.
There's not many reviews to proof if MyEtherWallet is completely open source, so I don't really know about it. But I know Unstoppable wallet is open source and it support altcoins, even though only big marketcap altcoins. What people don't like in this wallet is you need to spend more data and time to sync your wallet. Crypto users should learn how to use wallets to keep their funds safe, so that their hard-earned money does not end up in the hands of scammers in the future.
It's kind of stupid how they hold their hard earned money on an unsecure hot wallet, they need to learn about using a hardware wallet. |
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Myleschetty
Member
Online
Activity: 1159
Merit: 78
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June 05, 2023, 02:33:20 PM |
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Maybe it is always an inside job of the wallet development team.
Insiders are most likely to be involved in this type of activity, because even if they themselves deceive their users, there is no way to understand that they are actually doing these things. Crypto users should learn how to use wallets to keep their funds safe, so that their hard-earned money does not end up in the hands of scammers in the future. In the situation where the wallet team has something shady going on and it is still uncertain to know what the cause of the hacked wallet. It is not about cryptocurrency users learning how to use a wallet to keep their funds but knowing the best wallet for secure long-term holding. I feel sorry for the cryptocurrency investors that make use of this Atomic wallet due to their habit of choosing easy-to-use wallets over security, not even a cryptocurrency wallet that was hacked twice in a roll and also not open source.
Maybe it is always an inside job of the wallet development team.
It's because these wallets are marketed as an easy to use wallet but technically, they're not mentioning that they're a closed source although it's mentioned on their FAQ but it's a discussion that they wouldn't speak to their users as it may not seem look important to them. This is why I said people should start considering choosing a secure wallet over an easy-to-use crypto wallet and I can say almost the same thing applied to all the so-called multi-crypto wallets. I don't see Atomic wallet to be open source. |
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steve5946
Copper Member
Jr. Member
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Merit: 4
Professional virtual assistant and writer
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June 05, 2023, 02:46:10 PM |
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Maybe it is always an inside job of the wallet development team.
Insiders are most likely to be involved in this type of activity, because even if they themselves deceive their users, there is no way to understand that they are actually doing these things. Crypto users should learn how to use wallets to keep their funds safe, so that their hard-earned money does not end up in the hands of scammers in the future. In the situation where the wallet team has something shady going on and it is still uncertain to know what the cause of the hacked wallet. It is not about cryptocurrency users learning how to use a wallet to keep their funds but knowing the best wallet for secure long-term holding. I feel sorry for the cryptocurrency investors that make use of this Atomic wallet due to their habit of choosing easy-to-use wallets over security, not even a cryptocurrency wallet that was hacked twice in a roll and also not open source.
Maybe it is always an inside job of the wallet development team.
It's because these wallets are marketed as an easy to use wallet but technically, they're not mentioning that they're a closed source although it's mentioned on their FAQ but it's a discussion that they wouldn't speak to their users as it may not seem look important to them. This is why I said people should start considering choosing a secure wallet over an easy-to-use crypto wallet and I can say almost the same thing applied to all the so-called multi-crypto wallets. I don't see Atomic wallet to be open source. I second this, but if the wallet team have something shady going on, they will not admit it if there's no evidence to prove that. Sadly for the victims because they have little to no chance of getting their lost coins back. |
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alterra57
Member
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Activity: 517
Merit: 72
Crypto - Fiat Exchange
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June 05, 2023, 07:30:38 PM |
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From what I've learned, users were hacked through social engineering and when they reached a specific number of victims they decided to pull the plug. Basically, these hackers had private keys of random accounts for months before deciding to steal everything.
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tabas
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June 05, 2023, 08:06:36 PM |
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I feel sorry for the cryptocurrency investors that make use of this Atomic wallet due to their habit of choosing easy-to-use wallets over security, not even a cryptocurrency wallet that was hacked twice in a roll and also not open source.
Maybe it is always an inside job of the wallet development team.
It's because these wallets are marketed as an easy to use wallet but technically, they're not mentioning that they're a closed source although it's mentioned on their FAQ but it's a discussion that they wouldn't speak to their users as it may not seem look important to them. This is why I said people should start considering choosing a secure wallet over an easy-to-use crypto wallet and I can say almost the same thing applied to all the so-called multi-crypto wallets. I don't see Atomic wallet to be open source. Yeah, Atomic Wallet is a closed source and now that this issue has gone viral and they've got millions of users. It's good to see that many is becoming aware of their issue and will for sure going to leave them. Whatever will be the result of the investigation it will only lead on one thing and that's their reputation has gone now. I second this, but if the wallet team have something shady going on, they will not admit it if there's no evidence to prove that. Sadly for the victims because they have little to no chance of getting their lost coins back.
No theft will admit that they robbed and that's why even with reputation or none, if they're into this, there will be no admission unless big time investigation has proved them then that's the time that they'll have no escape of admitting it. From what I've learned, users were hacked through social engineering and when they reached a specific number of victims they decided to pull the plug. Basically, these hackers had private keys of random accounts for months before deciding to steal everything.
Possible but I'll wait for those on going investigations if they'll end up with this conclusion or with an inside job. |
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dkbit98
Legendary
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Activity: 2240
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June 05, 2023, 08:08:22 PM |
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You know situation with Atomic wallet is bad when you see Bleepingcomputer starts to write articles about it, with people losing over $35 million in crypto. Someone said that there was a malware in one of recent download files so you should NOT open your Atomic wallet if you still have connected to internet, once you connect they have your seedphrase. Solution is to use seed words from Atomic, import them to another wallet and move coins asap to different device, best hardware wallet. Good alternative for Atomic wallet is open source wallet called Unstoppable, if you want to mess around with other coins, not just BTC. https://www.bleepingcomputer.com/news/security/atomic-wallet-hacks-lead-to-over-35-million-in-crypto-stolen/ |
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Myleschetty
Member
Online
Activity: 1159
Merit: 78
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June 06, 2023, 11:03:12 PM |
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I feel sorry for the cryptocurrency investors that make use of this Atomic wallet due to their habit of choosing easy-to-use wallets over security, not even a cryptocurrency wallet that was hacked twice in a roll and also not open source.
Maybe it is always an inside job of the wallet development team.
It's because these wallets are marketed as an easy to use wallet but technically, they're not mentioning that they're a closed source although it's mentioned on their FAQ but it's a discussion that they wouldn't speak to their users as it may not seem look important to them. This is why I said people should start considering choosing a secure wallet over an easy-to-use crypto wallet and I can say almost the same thing applied to all the so-called multi-crypto wallets. I don't see Atomic wallet to be open source. Yeah, Atomic Wallet is a closed source and now that this issue has gone viral and they've got millions of users. It's good to see that many is becoming aware of their issue and will for sure going to leave them. Whatever will be the result of the investigation it will only lead on one thing and that's their reputation has gone now. Yes, the news of the Atomic Wallet hack has gone widespread, particularly now that the hacker has moved the cryptocurrency to a specific Bitcoin mixing company, but the damage done will be difficult to forget for those who have been affected by the issue. I second this, but if the wallet team have something shady going on, they will not admit it if there's no evidence to prove that. Sadly for the victims because they have little to no chance of getting their lost coins back.
Yes, they will not acknowledge being the cause of the hack, but with the way things are going, the Feds may intervene in the accident. |
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