coinspress.com
The Atomic Wallet team is investigating numerous reports from users who claim that their cryptocurrency has been unexpectedly stolen.
As of now, the company has issued an official statement and is urging affected individuals to reach out via email.
“We have received reports of compromised wallets and are actively conducting an investigation to analyze the situation. We will provide further updates as we gather more information.”
Atomic Wallet supports over 1,000 cryptocurrencies and positions itself as a decentralized, non-custodial application that does not possess users’ private keys.
“Atomic Wallet serves as an interface that enables users to access their blockchain funds. The wallet and its operations are password-protected. Critical data, such as private keys and backup phrases, is securely stored on the user’s local device with robust encryption.
Atomic Wallet refrains from storing any private user information, ensuring that individuals have exclusive ownership of their keys and funds.”
At the time of writing, ZachXBT, an anonymous on-chain analyst, has reported a substantial number of coins being drained from wallets, with the largest known victim losing $3.5 million in Ethereum (ETH).
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“Update: The total value of stolen funds, encompassing Bitcoin, Ethereum, Tron, Binance Coin, Cardano, XRP, Polkadot, Cosmos, Algorand, Avalanche, Stellar, Litecoin, and Dogecoin, has surpassed $14 million.
My conservative estimate suggests that at least $20 million has been stolen.”