LastPass Hack Drains $4.4 Million From Users, Urgent Asset Migration Advised
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 […]
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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....
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....
Bitstamp CEO Nejc Kodrič has confirmed in a statement that "less than 19,000 BTC" was stolen due to a Bitstamp operational wallet being compromised. CCN has previously reported on this Bitcoin wallet, which seems to hold 18,866 BTC that was clearly siphoned away from Bitstamp hot wallets during the alleged timeframe of the Bitstamp hack. Notably, Kodrič does not use the word "hack" in any of his statements to reassure users that their personal information is safe. It could also lend credence to Jackson Palmer's theory that a weak RNG attack is responsible for the lost funds; though,....
When the Patreon database hack was announced, the technology industry was once again reminded why centralized solutions are not the way forward. Not only have customer email addresses been leaked, but also physical addresses and even private conversations on the platform. To make matters even worse, the entire database has now been published on the Internet, available for everyone to see. Whenever a company’s database is hacked, there is a rightful cause for concern. Especially when that company is a crowdfunding platform like Patreon, serving customers from all over the world. According....
On Monday, August 4, 2023, one of the world’s leading crypto casinos Stake, owned by Australian Billionaire Ed Craven, reportedly experienced a massive $41 million hack across several blockchains. Stake’s Alleged $41 Million Hack The platform which allows users to deposit, bet on sports games, and play games with cryptocurrencies, experienced several unusual transactions which […]