Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»BLOCKCHAIN NEWS»Atomicals Market Announces Resolution and Compensation Measures for Security Breach
BLOCKCHAIN NEWS

Atomicals Market Announces Resolution and Compensation Measures for Security Breach

By Crypto FlexsNovember 24, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Atomicals Market Announces Resolution and Compensation Measures for Security Breach
Share
Facebook Twitter LinkedIn Pinterest Email

Recent events surrounding the Atomicals Market (AM) have become a matter of significant concern to the Atomicals community, especially after serious security breaches occurred on two of its trading markets. The breach resulted in a hacker attack, significant loss to users, and sparked discussion and calls for action within the community. Shep.eth, an early participant and active community member, took the lead. address Please contact the AM team directly regarding these issues.

In a detailed letter to the community, shep.eth detailed the unfortunate security incident that occurred on Atomicals’ trading marketplace. Although the details of the attack have already been widely discussed in the community and clarified by the Atomicals protocol team, shep.eth has focused its response and remediation efforts. shep.eth, which represents the interests of affected users and the community, has held discussions with the AM team to clarify the cause of the incident and explore potential compensation for those affected.

These discussions have led to several important developments. First, a change in leadership was announced, with AM’s founder @BRC20Coins stepping down from all management positions. An anonymous individual, a friend of shep.eth, will be the new CEO. This transition is part of a broader effort to prevent similar problems in the future. The new team has also committed to recoup a total of $33,000 ATOM lost in the recent ‘Zero Dollar Purchase’ event, and has pledged to complete this within a week of the leadership transition.

In addition to these measures, AM plans to overhaul its operations and development teams. The goals of this restructuring are to strengthen testing processes, ensure asset safety, improve user experience, and provide more effective communication. AM also plans to reexamine its brand, including its logo and name, to reflect its new direction and commitment to security and trust.

Despite not participating in AM’s management or decision-making, shep.eth will continue to contribute as a community member and friend of the new CEO. He emphasized the important role of the community in protocol development and expressed hopes for AM’s future under new leadership, with a focus on correcting past mistakes and providing safer and better services to the community and users.

Atomicals Protocol also published a response clarifying its position on security issues. They refuted claims of negligence related to the use of the SIGHASH_NONE signature and explained that they warned AM against this practice because of the risks involved. The protocol emphasized the importance of prioritizing user safety and trust and asserted independence from Atomicals Market and other projects.

Image source: Shutterstock

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

With headwinds brewing, Dogecoin prices are expected to plummet even further.

February 17, 2026

P2P Bitcoin marketplace Paxful sentenced for promoting illegal prostitution and money laundering

February 12, 2026

ZenO launches public beta integrated with Stories for real-world data collection to support physical AI

February 7, 2026
Add A Comment

Comments are closed.

Recent Posts

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.371 Million Tokens, And Total Crypto And Total Cash Holdings Of $9.6 Billion

February 17, 2026

Public Masterpiece Announces PMT Chain, A Layer 1 Built For The Real-World Asset Economy

February 17, 2026

CryptoGames Invites Video Content Creators to Participate in Bitcoin Rewards Campaign

February 17, 2026

The New Era Of XRP Computing Power

February 17, 2026

With headwinds brewing, Dogecoin prices are expected to plummet even further.

February 17, 2026

Solana Schools 2025 Summary

February 16, 2026

New Chinese bot traffic and deepfake scams have raised cryptocurrency security alerts.

February 16, 2026

Bitcoin price fell as $65,000 became a battleground.

February 15, 2026

BYDFi joins Solana to accelerate APAC from Hong Kong Consensus and expand participation in Solana ecosystem

February 15, 2026

Tomasz’s update | Ethereum Foundation Blog

February 15, 2026

ETH ETF loses $242M despite holding $2K in Ether

February 15, 2026

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.371 Million Tokens, And Total Crypto And Total Cash Holdings Of $9.6 Billion

February 17, 2026

Public Masterpiece Announces PMT Chain, A Layer 1 Built For The Real-World Asset Economy

February 17, 2026

CryptoGames Invites Video Content Creators to Participate in Bitcoin Rewards Campaign

February 17, 2026
Most Popular

Ethereum pre-mining addresses wake up after 8.6 years of dormancy as ETH reaches $3,200

February 27, 2024

BYBIT HACKER Washing Machine 100% of $ 1.4B encryption in 10 days

March 4, 2025

Why is the cryptocurrency market rising today?

September 23, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.