Search Results for: Garantex

Atomic Wallet recently disclosed new details about its June 3 hack, affecting less than 0.1% of its users. The company is working to recover lost funds and collaborating with exchanges and blockchain analysis firms Chainalysis and Crystal. While the total amount stolen remains undisclosed, Elliptic reported a figure of over $100 million, with possible links to the North Korean hacking group Lazarus.

Hackers exploited Atomic Wallet for over $100 million, using THORChain to conceal their tracks by converting stolen ETH to BTC. Connected to the North Korean group Lazarus, these hackers have a history of attacking crypto exchanges and using chain-hopping techniques to launder funds.

Hackers targeted Atomic Wallet, stealing $35 million and using THORChain to launder their gains. Blockchain analysis firm MistTrack tracked the stolen funds, exposing the transparency of blockchain technology. Yet, concerns about digital asset security and decentralization misuse persist.

Elliptic discovered that over $100 million was lost by Atomic Wallet users, with more than 5,500 wallets compromised. The Lazarus Group, allegedly linked to North Korea, is believed to be behind the breach. Dr. Sarah Brown emphasizes the need for advanced security protocols and user vigilance in the crypto market.

Atomic Wallet faced a cyberattack resulting in over $100 million in losses, affecting 5,500 crypto wallets. Blockchain analysis company Elliptic attributed the theft to the Lazarus Group and highlighted the crucial need for enhanced security measures and vigilance in the growing crypto market.

The crypto world experienced a major security breach as attackers exploited Atomic Wallet and stole $35 million in tokens. As funds move via the OFAC-sanctioned exchange Garantex, the involvement of North Korean hacking group Lazarus is suspected. This incident highlights the challenges cryptocurrencies face for security and regulatory compliance.