Atidium Private Key Leaked
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Atidium is a EOS smart contract service which is designed to help individuals with budgeting. The service consists of various coloured coins that are restricted in use. The concept is that individuals will purchase restricted coloured coins in order to enforce self discipline for themselves or for others who must spend funds in a limited way like children or employees. On November 29th, 2018, 6 different tokens from a primary wallet were transfered in an abnormal manner and liquidated for EOS. It is suspected that the private keys were breached.
This is a global/international case not involving a specific country.[1][2][3][4][5][6][7][8][9]
About Atidium
"Atidium is a payments & budget management decentralized application for individuals and businesses" "The First Payments & Budget Management DApp. Founded in 2017, Leveraging the EOS Blockchain."
"Our token is 100% REAL utility token! You will be able to use our features after add it to your wallet." "You will get 100% control for your payments thanks to smart contracts that you can create in less than a minute!" "In the future, you will get 100% control over your expenses thanks to an artificial intelligence engine that will teach you how to manage your budget wisely and easily."
"Be completely honest with yourself and ask, do you know exactly how much money you will put on your credit card this month? Have you cut down on shopping in recent months? How much are you going to pay for electricity and water consumption next month? The majority of people do not have definite answers to these questions." "In every country where this study was conducted, the answer was always unequivocal: 80% of people have no control over their expenses (as in the Pareto principle)."
"You will get 100% control for your payments thanks to smart contracts that you can create in less than a minute! You will get 100% control for your expenses thanks to artificial intelligence engine that will teach you how to manage your budget easily. It is ideal for anyone from individuals and families to small businesses and large corporations. As an easy-to-use money management system. Atidium can be used all around the world."
"The Atidium debit card is international and can be used to make online and physical purchases. It can also be used in regular ATMs all over the world. Our debit card will be sent directly to your home, anywhere in the world, for a nominal fee. Your debit card will sync with the Atidium app real-time and will convert ATD to the local fiat currency. Every transaction will aim for the lowest possible fee."
"The Atidium Debit Card will work anywhere in the world, as long as the specific country supports transactions with the major credit card companies. We are currently negotiating with a few major credit card companies. With that said, we will sign an agreement with the lowest transaction fee solution, for the Atidium community. Our conversion model is simple: Once a request for payment or withdrawal is made in the Atidium app, Your ATD Token will be immediately be converted to the current value of the local currency that you have chosen, and you will be able to use your debit card with ultra-low fees thanks to the amazing world of cryptocurrency and the Blockchain technology."
"ATIDIUM Nov 6, 2018 had the highest price, at that time trading at its all-time high of $0,0009."
"EOS Atidium's official account wwwatidiumio was abnormal. A total of 6 tokens including ATD tokens 337,759,004 were transferred to account b4jmqvvktgjx. The account then transferred 130 million ATD tokens to Newdex Exchange for cash, a total of 3,183.8564 EOS were profitable."
"The official private key is suspected of being stolen."
This is a global/international case not involving a specific country.
The background of the exchange platform, service, or individuals involved, as it would have been seen or understood at the time of the events.
Include:
- Known history of when and how the service was started.
- What problems does the company or service claim to solve?
- What marketing materials were used by the firm or business?
- Audits performed, and excerpts that may have been included.
- Business registration documents shown (fake or legitimate).
- How were people recruited to participate?
- Public warnings and announcements prior to the event.
Don't Include:
- Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.
- Anything that wasn't reasonably knowable at the time of the event.
There could be more than one section here. If the same platform is involved with multiple incidents, then it can be linked to a main article page.
The Reality
This sections is included if a case involved deception or information that was unknown at the time. Examples include:
- When the service was actually started (if different than the "official story").
- Who actually ran a service and their own personal history.
- How the service was structured behind the scenes. (For example, there was no "trading bot".)
- Details of what audits reported and how vulnerabilities were missed during auditing.
What Happened
The specific events of the loss and how it came about. What actually happened to cause the loss and some of the events leading up to it.
| Date | Event | Description |
|---|---|---|
| November 29th, 2018 | Main Event | Expand this into a brief description of what happened and the impact. If multiple lines are necessary, add them here. |
Technical Details
This section includes specific detailed technical analysis of any security breaches which happened. What specific software vulnerabilities contributed to the problem and how were they exploited?
Total Amount Lost
The total amount lost has been estimated at $10,000 USD.
How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?
Immediate Reactions
How did the various parties involved (firm, platform, management, and/or affected individual(s)) deal with the events? Were services shut down? Were announcements made? Were groups formed?
Ultimate Outcome
What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?
Total Amount Recovered
There do not appear to have been any funds recovered in this case.
What funds were recovered? What funds were reimbursed for those affected users?
Ongoing Developments
What parts of this case are still remaining to be concluded?
General Prevention Policies
Private keys need to be stored offline. One of the easiest ways to protect against this would have been to set up a multi-signature requirement on the primary wallet. Additional training for operators is also useful.
Individual Prevention Policies
No specific policies for individual prevention have yet been identified in this case.
For the full list of how to protect your funds as an individual, check our Prevention Policies for Individuals guide.
Platform Prevention Policies
Policies for platforms to take to prevent this situation have not yet been selected in this case.
For the full list of how to protect your funds as a financial service, check our Prevention Policies for Platforms guide.
Regulatory Prevention Policies
No specific regulatory policies have yet been identified in this case.
For the full list of regulatory policies that can prevent loss, check our Prevention Policies for Regulators guide.
References
- ↑ SlowMist Hacked - SlowMist Zone (Dec 20, 2021)
- ↑ Atidium – Payments & Budget Management DApp (Dec 30, 2021)
- ↑ https://atidium.io/wp-content/uploads/Atidium-WhitePaper-English.pdf (Dec 30, 2021)
- ↑ Use Case 1 – Atidium (Dec 30, 2021)
- ↑ 1 ATD to EOS Exchange Rate Calculator: How much EOS is 1 ATIDIUM? (Dec 30, 2021)
- ↑ https://coinmarketcap.com/currencies/atidium/ (Dec 30, 2021)
- ↑ What Is Atidium? ATD Airdropped Token : eos (Dec 30, 2021)
- ↑ Atidium - EOS DApp - YouTube (Dec 30, 2021)
- ↑ https://coinmarketcap.com/currencies/eos/ (Dec 30, 2021)