global 715 crypto negative
Hacked cryptocurrency wallet Atomic Wallet has frozen $2 million in “suspicious deposits” with the help of major crypto exchanges. The wallet firm collaborated with blockchain intelligence firms Chainalysis and Crystal to identify and contain the threat. The funds were transferred to the Bitcoin blockchain using sophisticated methods such as bridges and mixers, with most of the funds ending up on the Tron blockchain and Bitcoin network. Atomic Wallet expressed gratitude to the exchanges for promptly freezing the assets linked to the reported transactions. The wallet had previously suffered a major hack in June 2023, resulting in the loss of millions in stolen crypto assets. In response, affected users launched a class action against the firm, seeking compensation for the $100 million in losses.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Global
Countries
Sentiment negative
Relevance Score 1
People None
Companies Atomic Wallet, Crystal, Chainalysis, Avalanche bridge, Tron blockchain
Currencies TRON, Bitcoin
Securities None

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