• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Crypto Market Structure Bill: Senate Sources Indicate Draft Release As Soon As Tomorrow
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Crypto Market Structure Bill: Senate Sources Indicate Draft Release As Soon As Tomorrow
LastPass

LastPass Hack Drains $4.4 Million From Users, Urgent Asset Migration Advised

Semilore Faleti
by Semilore Faleti
2 years ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

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 – And Leaves This Message Behind

LastPass Users Urged To Move Crypto Assets As 25 Fall Victim To Hack

This latest asset loss by LastPass users was revealed by on-chain investigator ZachXBT via an X post on October 27. 

Through a combined probe with a fellow investigator with X handle @tayvano_, it was discovered that approximately $4.4 million in digital assets were stolen from 85 distinct wallets belonging to 25 LastPass users.

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. pic.twitter.com/26HsxrlnCb

— ZachXBT (@zachxbt) October 27, 2023

In a cautionary note in the same post, ZachXBT also warned all LastPass users to transfer their crypto assets to new wallet addresses in order to avoid future losses.

For context, LastPass offers a password management service, helping users store the seed phrase in their crypto wallet. A seed phrase represents a set of words unique to each wallet, which grants access to the assets stored in the said wallet. 

On August 8, 2022, a hacker gained access to the corporate laptop of a LastPass software engineer, allowing the bad actor to infiltrate the company’s system, stealing some source code, confidential technical documentation, and internal system secrets. 

Using this data, the hacker extracted 14 of LastPass’s 200 source code repositories. 

Over the next few days, the hacker initiated a larger attack, obtaining a copy of the LastPass customer database, which held information such as unencrypted account information, along with associated metadata and settings like multi-factor authentication options. 

On August 25, 2022, the company’s CEO Karim Toubba claimed the hack had been contained and stated that the data comprised had occurred in its development section, which does not contain any personal user data.

However, in a series of tweets in August 2023,  @tayvano_ claimed that over 1200 BTC, valued at $32 million, had been stolen from wallets linked to LastPass users in the last year following the security breach. 

Such reports, in addition to the latest theft incident, have contributed to heightening calls for users to ditch wallet addresses linked to the password management services. 

Related Reading: This Crypto Exchange Recorded 160,000 Hacking Attempts, What’s Going On?

Crypto Hacks In 2023

According to a July report by blockchain security firm Peckshield, crypto hacks still account for one of the major causes of asset loss in 2023.

Peckshield stated that in H1 2023 alone, over 395 hacks occurred in the crypto space, culminating in losses valued at about $479.9 million. While these figures represent a massive decline from the $2.43 billion recorded in H1 2022, it can still be considered quite significant in terms of investors’ interest.

At the time of writing, the total crypto market is valued at $1.26 trillion, with a 0.22% gain in the last day, based on data from CoinMarketCap.

LastPass

Total crypto market valued at $1.238 trillion on the daily chart | Source: TOTAL chart on Tradingview.com
Featured image from iStock, chart from Tradingview
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Semilore Faleti

Semilore Faleti

Follow

Semilore Faleti works as a crypto-journalist at Bitconist, providing the latest updates on blockchain developments, crypto regulations, and the DeFi ecosystem. He is a strong crypto enthusiast passionate about covering the growing footprint of blockchain technology in the financial world.

Full Profile

Related Posts

new-generation-bet-how-asian-youth-are-redefining-sports-betting

新世代的賭注:亞洲年輕人如何改寫體育博彩的玩法

23 minutes ago
fed-rate-cut-boosts-bitcoin-and-fuels-hunt-for-next-100x-crypto

聯儲減息再度落地比特幣強勢上攻 資金流向風險資產和下個百倍幣

47 minutes ago
Hong Kong Crypto

Hong Kong Regulator Sounds Alarm on Companies Holding Crypto In Treasuries

3 hours ago
Cardano CEO: Peter Schiff heeft ongelijk over BTC, Bitcoin koers naar $1M

Cardano CEO: Peter Schiff heeft ongelijk over BTC, Bitcoin koers naar $1M

10 hours ago
maxi doge

Ο CZ επέστρεψε και ανεβάζει τα meme coins – Και αυτό το νέο κουτάβι μπορεί να είναι το επόμενο

12 hours ago
Ο Michael Saylor προβλέπει Bitcoin στα $150.000 το 2025 – Το επερχόμενο ράλι μπορεί να εκτοξεύσει το Bitcoin Hyper

Ο Michael Saylor προβλέπει Bitcoin στα $150.000 το 2025 – Το επερχόμενο ράλι μπορεί να εκτοξεύσει το Bitcoin Hyper

12 hours ago

Premium Sponsors

Press Releases

  • Is Staking Crypto Worth It? XRP Tundra Presale Offers 12% APY

    Is Staking Crypto Worth It? XRP Tundra Presale Offers 12%...

    14 hours ago
  • Crypto Predictions Favor Tundra as XRP Ecosystem Catalyst

    Crypto Predictions Favor Tundra as XRP Ecosystem Catalyst

    14 hours ago
  • Bitcoin Hyper

    Докато Биткойн се търгува на $113K...

    15 hours ago
  • weex-welcome-promo-800-usdt-tested-for-beginners-tw

    新手別錯過:測試了WEEX迎新活動 領到800...

    15 hours ago
  • Deleion Capital Launches Mobile App for Passive Crypto Earning for Diversified & Profitable Investments

    Deleion Capital Launches Mobile App for Passive Crypto...

    19 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.