
Atomic Wallet Gets Compromised with Attackers Draining More than $35M from Users
Atomic Wallet noted that less than 1 percent of its monthly active users were affected in the weekend’s attack.
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Cosmos is a decentralized network of independent parallel blockchains, each powered by BFT consensus algorithms like Tendermint consensus. In other words, Cosmos is an ecosystem of blockchains that can scale and interoperate with each other. Before Cosmos, blockchains were siloed and unable to communicate with each other. They were hard to build and could only handle a small amount of transactions per second. Cosmos solves these problems with a new technical vision. In order to understand this vision we need to go back to the fundamentals of blockchain technology.
Atomic Wallet noted that less than 1 percent of its monthly active users were affected in the weekend’s attack.
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