CRYPTO WATCHDOG & FRAUD RECOVERY PLATFORM
A COMMUNITY-BASED, NOT-FOR-PROFIT
$10 000 USD
DESCRIPTION OF EVENTS
"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."
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.
HOW COULD THIS HAVE BEEN PREVENTED?
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.
SlowMist Hacked - SlowMist Zone (Dec 20)
Atidium – Payments & Budget Management DApp (Dec 30)
https://atidium.io/wp-content/uploads/Atidium-WhitePaper-English.pdf (Dec 30)
Use Case 1 – Atidium (Dec 30)
1 ATD to EOS Exchange Rate Calculator: How much EOS is 1 ATIDIUM? (Dec 30)
https://coinmarketcap.com/currencies/atidium/ (Dec 30)
What Is Atidium? ATD Airdropped Token : eos (Dec 30)
Atidium - EOS DApp - YouTube (Dec 30)
https://coinmarketcap.com/currencies/eos/ (Dec 30)