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More than $35 million in cryptocurrency stolen in information leak from password storage support LastPass

October 31, 2023
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On October 25 alone, $four.four million in cryptocurrency was gradually stolen from 25 wallet addresses impacted by final year’s assault on LastPass.

More than 35 million in cryptocurrency stolen in data leak
More than $35 million in cryptocurrency stolen in information leak from password storage support LastPass

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According to on-chain investigator ZachXBT, he and MetaMask developer Taylor Monahan tracked down at least 80 compromised wallets impacted by the hack of the password management application LastPass.

On October 25, 2023 alone, an additional ~$four.four million was drained from far more than 25 victims following the LastPass hack.

I cannot pressure this adequate, if you feel you have ever stored your seed phrase or keys in LastPass, migrate your crypto assets straight away. pic.twitter.com/26HsxrlnCb

— ZachXBT (@zachxbt) October 27, 2023

As a consequence, the incident occurred in October 2022, hackers attacked the pc of an engineer doing work for LastPass, therefore stealing information from cloud storage.

Since then, it is estimated that far more than $35 million has been misplaced. The corporation confirmed that hackers stole account names, encrypted passwords, and multi-component authentication (MFA).

On October 25, ZachXBT mentioned an additional $four.four million in cryptocurrencies had been impacted, withdrawn from the Bitcoin, Ethereum, BNB, Arbitrum, Solana, and Polygon networks.

Since gravity has not stopped, ZachXBT advises customers who made use of LastPass to move their assets to a far more safe place.

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