Crypto

June 5, 2023

The Atomic Wallet Hack

Last weekend, the crypto world was rocked by a hacking incident that affected Atomic Wallet ($AWC), a popular non-custodial digital asset storage platform. 😱

Despite the company’s claim that less than 1% of its monthly active users were impacted, the attack resulted in the loss of over $35 million in various digital assets, including $BTC, $ETH, and $ADA, among others. Atomic Wallet is now working with major exchanges to block the attackers’ addresses.

https://twitter.com/AtomicWallet/status/1665550651735023616

This comes on the heels of the backlash faced by Ledger, a leading hardware wallet, for potential software updates that could compromise user security (the Ledger Recover debacle). 😧

Related Articles

Related Articles

So. Damn. Close.

March 4, 2024

Interestingly, Least Authority raised concerns about Atomic Wallet’s vulnerabilities over a year ago in February 2022:

Atomic Wallet did give their customers and the crypto community as a whole an update last night:

https://twitter.com/AtomicWallet/status/1666591717347262468

We’ll keep you updated. 

Learn More About...

You Might Also Enjoy

Crypto

March 5, 2024

Bitcoin Hits New All-Time High Then Someone Punched It In The Face

I’m a crypto fanatic. I am constantly observing and looking at what’s going on, and like many of you, the past couple of days, I’ve been glued to my screen or phone waiting for the news when Bitcoin hit a new all-time high. 👀

And now I need your help. Because I need someone to figure out the odds of someone like me, MISSING THE GODDAMN EVENT BECAUSE OF A DR’S APPOINTMENT.

Read It

Crypto

March 4, 2024

Frogs, And Dogs, And BONKs Oh My

Memecoin madness is back, and it’s like deja vu. All over again, like deja vu. 🐶

According to the fine folks at Santiment, the spotlight’s on $PEPE, $FLOKI, $BONK, and a few others, all of which have decided to moon together. Price surges of over 500% and trading volumes that skyrocketed nearly 3,000%? Just another crypto memecoin insane bull run

Read It

More in   Crypto

View All

Crypto

March 6, 2024

One Way To Use Stocktwits’ Social Data Tools

Have you ever heard the phrase ‘volume precedes price’? It’s an old-school technical analysis 101 maxim. For example, if an instrument is in a downtrend but then you start to see volume tick up, the theory is that price will follow the volume. 🧑‍🎓

It’s what technical analysts call a leading indicator—a heads-up or a warning that the probability of change is high and that it might happen soon. Analysts and traders might apply that principle (volume precedes price) to the Stocktwits Social Data. 

Read It

Crypto

March 1, 2024

Crypto News In Three Sentences – March 1, 2024

👀 Bitcoin ETFs Fly High Without Vanguard: The SEC’s nod to Bitcoin ETFs brings a seismic shift, yet giants like Vanguard ($VOO) stay on the bench, watching millions flow into these new funds. Despite Vanguard CEO Tim Buckley bowing out amid whispers of regret of not joining everyone else at the BTC ETF party, considering most of Vanguard AUM grew under Buckley, the no BTC ETF probably isn’t why. Probably. Maybe. From DailyCoin

🏦 Wells Fargo and BoA Embrace Crypto Craze: Speaking of Bitcoin ETF acceptance, Wells Fargo ($WFC) and Bank of America ($BAC) take the crypto plunge, offering Bitcoin ETFs to their daring clients. They join a financial frenzy alongside Schwab and Robinhood, contrasting Vanguard’s skeptical stance. Hey, maybe Wells Fargo will open crypto accounts for people who never asked them to? More from Cryptopolitan

Read It

Crypto

March 8, 2024

You Lucky SOBs

This is such a typical memecoin story (and they pop up quite a bit during bull runs), and this one involved Dogwifhat ($WIF). 🐶

Some dood turned $1,750 into $11.2 million. He bought 5.1 million WIF in November and then spent who knows how many sleepless nights this month figuring out how to cash out on his lottery ticket. 

Read It