Breaking News

web3bzz

Allow notifications🔔 to receive the latest news and updates.

Hackers Steal $5.36M in LastPass Crypto Attack

Hackers steal $5.36M in LastPass crypto attack; move assets now to avoid risks

3 min4 days ago

Highlights:

•

Hackers stole $5.36M in crypto through a breach linked to a 2022 LastPass hack.

•

ZachXBT warns users to move crypto assets to secure wallets to prevent theft.

•

Similar crypto hacks have increased this year, highlighting growing security concerns in the market.

Hackers Steal $5.36M in LastPass Crypto Attack

Hackers have stolen over $5.36 million in a recent crypto attack. Blockchain expert ZachXBT uncovered the breach, affecting 40+ crypto addresses. This attack links back to a 2022 hack of LastPass, showing growing concerns about crypto security. 

 

The LastPass Breach and Its Aftermath

 

 

In December 2022, hackers breached LastPass, stealing sensitive data like keys and API tokens. Armed with this, they began targeting crypto wallets. The first major theft happened in October 2023, with $4.4 million lost. 

 

Another attack in February 2024 resulted in a $6.2 million loss. By September, the stolen funds totaled $35 million, and with this latest attack, the amount is nearing $45 million. 

 

Hackers took advantage of the holiday season, using fake deals to trick victims. After stealing the crypto, they swapped it for Ethereum and moved the funds through different exchanges.

 

Crypto Security Risks Keep Rising

 

Experts are urging users to act quickly. ZachXBT warned people to move their assets immediately. If anyone has stored seed phrases or private keys on LastPass, the risks are high. 

 

SEAL, a white hat organization, also advised users to transfer assets before hackers can access them.

Crypto breaches are increasing. Just weeks ago, XT Exchange halted withdrawals after hackers stole $1.7 million. 

 

The stolen funds were also converted into Ethereum. As the threat grows, crypto leaders urge users to stay vigilant and secure their assets. As funds continue to vanish, experts urge users to protect their assets.

 

 

Subscribe To

Web3Buzz

Connecting you to the world of Web3

Related News

People also like to read

Latest News