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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 (Twitter) 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 [crypto wallet] keys/seeds in LastPass,” Monahan said in an accompanying Chainabuse report. 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/2...

3Commas, a leading crypto trading bot platform, recently faced and swiftly addressed a security breach that temporarily disrupted some users’ accounts. On Oct. 8, 3Commas released a security notice, which they recently updated. They provided a detailed account of the incident and their subsequent actions to rectify it. The breach came to light when a handful of users reported unauthorized transactions on their accounts after resetting their passwords. In response, 3Commas sprang into action, initiating an internal investigation and implementing additional security protocols. You might also like: Crypto might fluctuate due to Israel-Palestine war, analyst says After conducting an exhaustive probe, it confirmed that a security breach had occurred, resulting in unauthorized access to specific user account information.  The platform clarified that this breach primarily impacted users who had not activated two-factor authentication (2FA), and only a limited number of a...