The linked article (and so AutoTL;DR) is not very accurate. If you’re interested in this incident, read the original post, which is short and compact. General media articles are only quoting or re-quoting this thread, typically with some misunderstanding.

Specifically (about this post): Among other things, multisig is only suggested; nothing has been decided yet.

Generally (in many similar articles): Probably a specific local machine was hacked, though no one really knows yet what happened. It’s unlikely that the Monero network itself was hacked.

Since I’m a Monero supporter, obviously I tend to say good things about it, but frankly, the ironical fact here is, Monero is so privacy-focused that when something like this happens, it’s difficult to identify the attacker—i.e. by design Monero also protects the identity of the attacker. Some Monero users are having this weird, paradoxical feeling: it would be nice if we could catch this evil attacker, but being able to catch the attacker would be in a way very bad news for Monero (if you know what I mean) 😕

I'm just making a wild guess, but it was probably the North Korean Cyberattack Force. They have been behind some of the largest crypto heists before in order to get clams in the goverments coffers.

The blockchain analytics provider attributed the attack to the North Korean state-sponsored Lazarus Group, which it says has stolen more than $2 billion across several heists.

( ͡° ͜ʖ ͡°) Nailed it

NSA playing around with their new quantum toys maybe. Joking.

€418k

2675 XMR x €156,26 = €418109.

This is the best summary I could come up with:

The project's maintainers have "taken additional precautions" to secure the other wallets associated with Monero, such as enabling multisig so more than one individual is required to sign off on any given transaction.

In response to the attack, Atomic Wallet contacted victims to gather information about their setups in an attempt to determine the source of the breach, but has not yet publicized its findings.

In October, Atomic Wallet revealed it was able to work with leading cryptocurrency exchanges to freeze $2 million in stolen funds related to the earlier incident.

Tracking the wallet-draining attacks, Taylor Monahan, lead product manager/owner at cryptocurrency wallet software company MetaMask, said the profile of victims "is the most striking thing" and they're all "reasonably secure" and reputable organizations.

There is a wide diversity of cryptocurrencies and blockchains that have been successfully targeted, including Bitcoin, Monero, and Ethereum, and wallets with seed lengths of 12 and 24 words have both been breached.

LastPass CEO Karim Toubba told The Register that there is no current evidence linking the company's breach to the ongoing wallet-draining attacks.

The original article contains 863 words, the summary contains 179 words. Saved 79%. I'm a bot and I'm open source!