AToken Offers A New Solution to Digital Asset Storage
Recently, Whale Alert, an account on Twitter that keeps monitoring large-amount transfers, has sent a few twitters showing that continuous transfers of large amount are made from Upbit to the unknown wallets and Bittrex. Large amount transfers are not uncommon, but it is uncommon for an exchange to make large-sum transfers continuously.
Rumors that Upbit had been stolen started to overspread; however, many people held different views on this, thinking that all these were only ordinary internal transfers. In the end, Upbit admitted that its 342,000 ETH with the total amount of 49.8 million US dollars was stolen from its hot wallets. When noticing that they might have been stolen, Upbit quickly transferred the rest assets from hot wallets to cold wallets so that several large amount transfers occurred in succession.
With the rapid development of the cryptocurrency industry in recent years, security has been an enduring topic in the industry. Of all the stolen subjects, the trading platform is the most severely stolen area. According to incomplete statistics, hackers have taken away tokens worthy of hundreds of millions of US dollars from exchanges since 2019. Even exchanges that claim to be equipped with top security systems have not been spared.
The exchange is not secure enough; therefore, the best way to store digital assets is to choose a highly secure decentralized wallet. AToken is a decentralized light mobile wallet that does not touch and store users’ private keys or mnemonics in any way for the security of users’ assets.
Among all the existing wallets, there are quite few wallets that support all currencies. AToken currently supports more than ten mainstream currencies, including: BTC, ETC, LTC, BCH, ETH, EOS, DOGE, USDT, all ETH and EOS-based tokens. Besides, AToken is accelerating the pace to connect with the existing public chains and striving to become the decentralized wallet that supports the most currencies.
AToken is featured by multi-encryption and security isolation, which has never occurred a security incident and provided safe and stable guarantees for more than RMB 10 billion assets.
- Multi-account design supports that each account manages all of assets with a set of mnemonics.
- The private key is stored in app in encrypted and isolated way. Furthermore, the private information will never be online.
- Offline signing HD wallet that safeguards your assets with multi-encryption and security isolation, like PBKDF2, SHA-512, AES.
- Multiple security strategies include firewall, abnormality monitor and alarm, regular vulnerability scanning etc.
AToken wallet will be the best choice for storing the digital assets if having a good understanding of AToken features and the way to safeguard the digital assets. Our team will unstoppably perfect AToken function and experience for better service of all users.
