Post
Topic
Board Wallet software
Re: A Non-Custodial wallet, Atomic Wallet, being compromised
by
Stalker22
on 04/06/2023, 16:26:00 UTC
Thanks for sharing this!

I am a long time atomic user and never had any problems with it. Reading this makes me overthink using it in the future.

It would be foolish to continue using this wallet after reading about multiple reports of lost funds from all over. Even the official website has disabled software downloads, and they have stated that they are currently investigating the issue.

But I wonder, how can wallets be compromised? How will hackers gain access?
Does Atomic store customers seeds or how is it even possible?

Every wallet stores customer seeds and private keys internally; it cannot function differently. But since this is a closed-source wallet, we cannot know what is happening in the background. Some preliminary reports claim that it was a malicious update originating from a hacked official site, but there is still no official explanation.

Sorry if my questions are kind of stupid. I have no idea about the technicalities.

No, your questions are not stupid, but it is still too early to say anything because we do not know what actually happened.

I just use the wallet from time to time for smaller transactions.

If you still have funds in your wallet, it is advisable to transfer them to a safe place as soon as possible.