Crypto thief steals $4.4M in a day as toll rises from LastPass breach

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Crypto thief steals $4.4M in a day as toll rises from LastPass breach
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Over 80 crypto wallets were drained of over $4.4 million worth of cryptocurrencies on Oct. 25 with attackers gaining private keys from information gained in a December 2022 breach of password storage software firm LastPass.

Estimates in September revealed that at least $35 million in crypto has been stolen from victims of the LastPass breach since 2022, with the latest hack adding to the toll.At least 25 people have reportedly seen $4.4 million in crypto drained from across 80 wallets due to a 2022 data breach that impacted password storage software LastPass.

In an Oct. 27 X post, pseudonymous on-chain researcher ZachXBT said they and MetaMask developer Taylor Monahan tracked the fund movements of at least 80 wallets compromised on Oct. 25. “Most, if not all, of the victims are longtime LastPass users and/or confirm having stored their keys/seeds in LastPass,” Monahan said in an accompanying Chainabuse

Just on October 25, 2023 alone another ~$4.4M was drained from 25+ victims as a result of the LastPass hack. Cannot stress this enough, if you believe you may have ever stored your seed phrase or keys in LastPass migrate your crypto assets immediately.Also stolen was a backup of encrypted customer vault data which LastPass warned could be decrypted if the attacker brute force guesses the account’s master password., cybersecurity journalist Brian Krebs reported some of the LastPass customer vaults had seemingly been cracked and over $35 million worth of crypto had been stolen from around 150 victims.

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