According to Bleeping Computer, crypto fraud researchers at ZachXBT, and MetaMask developer Taylor Monahan have reported that on October 25, 2023, “hackers have stolen $4.4 million in cryptocurrency using private keys and passphrases stored in stolen LastPass databases.”

According to a post by ZachXBT, “Just on October 25, 2023, alone another~$4.4M was drained from

Password manager LastPass, reportedly used by more than 33 million users, recently announced that it was hacked, and although it reports that no passwords of users were compromised in the incident, unfortunately, its source code was stolen.

 According to LastPass

“We have determined that an unauthorized party gained access to portions of the LastPass development

Passwords have always been a challenge. It is hard to remember them, and you are not supposed to use the same password across different platforms. Several companies, including LastPass, have tried to help consumers with managing passwords in a secure way so consumers can keep them straight. Unfortunately, last week, two security researchers reported that