Password Manager LastPass Hints at Bitcoin Acceptance
LastPass, commonly known as the most popular password manager and vault around has hinted at Bitcoin acceptance as payment for its paid (and premium) accounts. Widely-used password manager and storage vault LastPass could soon begin accepting bitcoin as payment from users. The reveal came via a social media post recently from its support account, stating that Bitcoin support is on the company’s roadmap. A popular password vault among individuals and enterprise, LastPass uses AES-256 bit encryption alongside PBKDF2 SHA-256 and salted hashes for password protection and security. The....
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Password manager service LastPass announced last week that they experienced a data breach that exposed users' email addresses, encrypted passwords and cleartext password reminder hints. Following the good advice to never use the same password twice, and to choose passwords that are difficult to guess (and remember), many people use password management sites such as LastPass. But the problem with using a Web-based third party to store your passwords is that they can get hacked, too. LastPass certainly took many security precautions, and some of them worked. For example, LastPass never had....
Users of the LastPass password manager application have now lost $4.4 million worth of crypto assets in a single day. This development comes a year after LastPass shared that hackers had gained access to its cloud storage keys and dual storage container decryption keys. Related Reading: HTX (Huobi) Hacker Returns $8 Million In Stolen Crypto […]
It’s crucial to remember your seed phrase, which is a string of random words produced by your cryptocurrency wallet when you initially set it up. How to keep your seed phrase safeA crypto seed phrase in the wrong hands can do damage, so it is advisable to always ensure it is safe. The following are some tips for ensuring your seed phrase is secure.Never share your seed with anyone else: It’s extremely important that you never reveal your recovery phrase to anyone. Why? Because if someone else finds out your recovery phrase, they will be able to access — and therefore control — your crypto....
In an interesting turn of events, the January 2024 theft of 283 million XRP (worth approximately $150 million at current market price) from the wallet of Ripple co-founder Chris Larsen has been linked to the security breach of password manager LastPass. This discovery was recently made public by prominent blockchain investigator ZachXBT. How Did The […]
LastPass, the secure password manager, and vault service has announced Bitcoin support! The announcement was recently made on the company’s twitter channel. However, the exact timeline for Bitcoin support is not yet known. We have so many online services out there meant to make our lives easy. They do, up to a certain extent except for the login process which requires passwords. With concerns about the security, creating strong passwords as per the platforms specification itself is a hard task, let alone trying to remember them all. The sheer number of login credentials one has to maintain....