The project’s maintainers have “taken additional precautions” to secure the other wallets associated with Monero, such as enabling multisig so more than one individual is required to sign off on any given transaction.
In response to the attack, Atomic Wallet contacted victims to gather information about their setups in an attempt to determine the source of the breach, but has not yet publicized its findings.
In October, Atomic Wallet revealed it was able to work with leading cryptocurrency exchanges to freeze $2 million in stolen funds related to the earlier incident.
Tracking the wallet-draining attacks, Taylor Monahan, lead product manager/owner at cryptocurrency wallet software company MetaMask, said the profile of victims “is the most striking thing” and they’re all “reasonably secure” and reputable organizations.
There is a wide diversity of cryptocurrencies and blockchains that have been successfully targeted, including Bitcoin, Monero, and Ethereum, and wallets with seed lengths of 12 and 24 words have both been breached.
LastPass CEO Karim Toubba told The Register that there is no current evidence linking the company’s breach to the ongoing wallet-draining attacks.
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The project’s maintainers have “taken additional precautions” to secure the other wallets associated with Monero, such as enabling multisig so more than one individual is required to sign off on any given transaction.
In response to the attack, Atomic Wallet contacted victims to gather information about their setups in an attempt to determine the source of the breach, but has not yet publicized its findings.
In October, Atomic Wallet revealed it was able to work with leading cryptocurrency exchanges to freeze $2 million in stolen funds related to the earlier incident.
Tracking the wallet-draining attacks, Taylor Monahan, lead product manager/owner at cryptocurrency wallet software company MetaMask, said the profile of victims “is the most striking thing” and they’re all “reasonably secure” and reputable organizations.
There is a wide diversity of cryptocurrencies and blockchains that have been successfully targeted, including Bitcoin, Monero, and Ethereum, and wallets with seed lengths of 12 and 24 words have both been breached.
LastPass CEO Karim Toubba told The Register that there is no current evidence linking the company’s breach to the ongoing wallet-draining attacks.
The original article contains 863 words, the summary contains 179 words. Saved 79%. I’m a bot and I’m open source!