🚀 Hot crypto news from Malaysia: Atomic Wallet has been banned from operating due to not registering with DAX. Previously, this wallet was hacked for over $100 million in 2023. 😱

- Atomic Wallet claims to be a secure, decentralized wallet for over 100 digital assets.

- The hack is linked to the Lazarus group, with the money transferred to the Huione Pay exchange.

- A class-action lawsuit in the U.S. was dismissed for lack of jurisdiction.

🔒 The situation is worse: In 2024, losses from hacks and scams increased by 21%. Centralized exchanges and Web3 privacy wallets are the main targets.

- Chainalysis: $2.2 billion was stolen in 303 incidents, up from 282 incidents in 2023.

- Privacy wallets account for 43.8% of the crypto lost.

What do you think about the current crypto security situation? Comment below! 👇