Hacked cryptocurrency pockets Atomic Wallet has frozen $2 million in “suspicious deposits” in a joint effort with main crypto exchanges.
Asserting the information to Cointelegraph on Oct. 19, Atomic Wallet mentioned that blockchain intelligence corporations Chainalysis and Crystal have assisted the pockets agency in figuring out and containing the risk.
Citing stories from Chainalysis and Crystal, Atomic Wallet reported that the “risk actor” used refined strategies to bridge the funds to the Bitcoin blockchain, together with bridges and mixers. “Most funds have finally ended up on the Tron blockchain and Bitcoin community,” the report reads.
The report particularly talked about that the funds have been bridged by way of the Avalanche bridge after which to the Tron blockchain.
“Atomic Wallet extends heartfelt gratitude to the centralized cryptocurrency exchanges collaborating promptly to freeze property linked to reported transactions. Their swift response and cooperation have been pivotal in mitigating the affect of the incident that occurred to some customers,” the agency mentioned in the announcement.
Atomic Wallet declined to offer extra particulars to Cointelegraph about what cryptocurrency exchanges have cooperated with the pockets agency and froze the funds. “We can’t share the main points of the exchanges the place funds have been frozen at this stage to take care of the integrity of the continued investigation. There has but to be a timeline for when extra info might be supplied,” a spokesperson for the agency mentioned.
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The information comes months after Atomic Wallet suffered a serious hack in June 2023, with the platform reportedly losing millions in stolen crypto property. Atomic Wallet didn’t clarify what conditions exactly led to the exploit.
In August, a gaggle of affected Atomic Wallet customers reportedly launched a category motion in opposition to the agency, which suffered a major breach and $100 million in losses.
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