The North Korea crypto hack group famously known as Lazarus have been linked to the recent Atomic Wallet heist. And while this has caused panic in the crypto community, Avorak assures the security of its investors’ assets with its advanced technologies and security measures.
Atomic Wallet
Atomic Wallet, a popular application for managing various cryptocurrencies on Windows, macOS, Linux, Android, and iOS, fell victim to a malicious attack on June 3. A significant number of the platform’s users were left shocked and devastated as they discovered that their crypto holdings had been illicitly siphoned, with several victims reporting losing their life savings. Crypto researchers promptly sprang into action, and their investigations have pointed in the direction of the notorious Lazarus Group.
The researchers suggest the Atomic heist indicated a striking resemblance to the group’s previous laundering methods. The stolen assets were laundered through specific services, including the Sinbad mixer, which has previously been utilized by the Lazarus Group to launder the proceeds of their past hacking endeavors. Furthermore, the stolen assets were discovered to be intermingled with cryptocurrencies pilfered in previous Lazarus Group attacks, further solidifying the link between the notorious cybercriminal organization and this recent devastating breach.
Avorak (AVRK)
Avorak is a new AI platform running on the BNB Smart Chain. It offers a wide range of AI-driven solutions, including chatbots, image creators, trading bots, text generators, security monitors, and more. Avorak’s solutions can’t be found anywhere else and are paid for using the platform’s native token, AVRK. For example, its text generator, Avorak Write, uses a combination of internet scraping, a pre-written language bank, and plagiarism detection APIs. This contrasts many text-generating, and assures non-plagiarised, non-repetitive high-quality results.
The AI algorithms within the Avorak ecosystem provide an additional layer of security to its blockchain basis. The AI algorithms continuously monitor and analyze transactions in real time, detecting any suspicious patterns or anomalies that may indicate fraudulent activity. Additionally, the project can employ AI-driven risk assessment models that evaluate the trustworthiness of users, wallets, and transactions, flagging potential threats for further investigation. The AI algos can also assist in identifying vulnerabilities and weaknesses within the system, proactively strengthening security measures and patching any loopholes. Through constant learning and adaptation, the AI system can stay one step ahead of cybercriminals, continuously evolving its defense mechanisms to counter new and emerging threats.
The Avorak ICO (Initial coin offering) has been rated the most secure in 2023. With significant over-the-counter (OTC) investments, Avorak AI maintains the anonymity of institutions and individuals to ensure their safety. Additionally, Avorak’s data release to the public is limited, with the project focusing on providing essential information to its investors through direct emails and other secure channels. Avorak is in the second-to-last phase of the ICO, selling AVRK at $0.255 and offering a 4% bonus, among other benefits. Avorak has conducted several audits and received positive reviews, further adding to its security and reliability.
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Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCodex. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.
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