In a swift and commendable response, Atomic Wallet promptly addressed the concerns of its users when reports of unauthorized transactions emerged on June 3, 2023. The company, known for its robust security measures, halted all app downloads and updates as a precautionary measure, underscoring its commitment to user safety.
Read CRYPTONEWSLAND onThe reports, alarming as they were, spurred the company to engage with leading Crypto Investigators – Chainalysis and Crystal. These collaborations have allowed Atomic Wallet to monitor transactions and liaise with exchanges and authorities, adding another layer of safety for its users.
Investigating potential causes like virus targeting on local user devices, infrastructure breach, malware code injection, or a man-in-the-middle attack, Atomic Wallet began working on a security app update to mitigate potential future attacks. The company strongly encouraged its users to keep their wallet apps updated to the latest versions, demonstrating its dedication to security.
One unique feature of Atomic Wallet is that it does not store or have access to users’ private keys, which underscores the complexity of the investigation but also reiterates the company’s commitment to user privacy. Despite this challenge, Atomic Wallet’s top priority remains to help as many affected users as possible, further proving their dedication to their user base.
In summary, less than 0.1% of Atomic Wallet app users were affected by this incident, and no new cases have been reported since June 3rd. Atomic Wallet’s security infrastructure has been updated, ensuring that users can continue to trust in its services while the ongoing investigation seeks to prevent future breaches.
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