An analysis conducted by ZachXBT, an on-chain detective, has revealed a severe cybersecurity vulnerability in Atomic Wallet. This vulnerability has led to the theft of over $35 million in digital assets since June 2.
The discovery of this breach sheds light on the concerning scale of crypto thefts, as the five largest thefts alone account for approximately $17 million, nearly half of the total amount stolen.
Atomic Wallet has publicly announced that the cause of this massive security breach is currently under investigation. Disturbing reports suggest that the hackers managed not only to steal tokens but also to erase transaction histories and obliterate entire crypto portfolios.
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