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Crypto Hack Alert: LastPass Breach Leads to $5.36M Theft from 40 Wallets
A recent cyber attack has led to a massive theft of cryptocurrencies, with over $5.36 million stolen from 40 wallets. The hack is attributed to the December 2022 breach in LastPass, where attackers gained access to encrypted data stored on an unknown cloud platform.
The latest heist highlights the risks associated with storing private keys and seed phrases on centralized platforms. In this case, even encrypted data was compromised by hackers. It has been emphasized that users should not keep their private keys or seed phrases online, as it can lead to catastrophic consequences such as the recent LastPass breach.
It is essential for all crypto holders to recognize the danger associated with using password managers like LastPass and take immediate action to secure their assets.
Source: coinpedia.org
