Skip to content

  • Home
  • Business Analysis
  • Big Data
  • Business News
  • Business Intelligence
  • Cryptocurrency
  • More
    • Contact Us
    • About Us
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
  • Toggle search form

Ripple Co-Founder’s $600 Million Loss Sparks Urgent Security Conversations – BitRss

Posted on March 8, 2025 By Kotop No Comments on Ripple Co-Founder’s $600 Million Loss Sparks Urgent Security Conversations – BitRss

[ad_1]








Ripple Co-Founder’s $600 Million Loss Sparks Urgent Security Conversations – BitRss – Crypto World News

























BitRss

Source of this Article
Coin-Turk 38 minutes ago
26

Newly released documents by U.S. officials reveal that $150 million worth of XRP ($2.34) stolen from Ripple $2 co-founder Chris Larsen’s personal crypto wallet is linked to the 2022 LastPass security breach. Blockchain researcher ZachXBT highlights that Larsen’s private keys were stored within the compromised LastPass system. The weak protection of passwords during the 2022 attack allowed hackers to gain access to Larsen’s XRP assets.

How Did the LastPass Hack Occur?

The 2022 hack targeting LastPass began with the takeover of a developer account and penetrated the company’s cloud storage system. Hackers stole encrypted data of 25 million users, including customer information. Although passwords were encrypted, the use of simple or repetitive master passwords enabled hackers to crack the data using brute force methods.

Security Concerns in the Cryptocurrency Market

The impact of the LastPass hack continues to resonate within the

BitRss shares this Content always with Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) License.


Read Entire Article

Ripple Co-Founder’s $600 Million Loss Sparks Urgent Security Conversations

Screenshot generated in real time with SneakPeek Suite

  1. Homepage
  2. Flash News
  3. Ripple Co-Founder’s $600 Million Loss Sparks Urgent Security Conversations


BitRss World Crypto News | Market BitRss | Short Urls

Design By New Web | ScriptNet

[ad_2]

Cryptocurrency

Post navigation

Previous Post: 犹他州已通过比特币法案,但未包含战略储备部分 – BitRss – Crypto World News
Next Post: Kraken’s IPO plan back on track after SEC drops unregistered broker case – BitRss

More Related Articles

HOW TO PROTECT CRYPTOCURRENCY FROM HACKERS IN 2024 Cryptocurrency
ETF Bloodbath: What Happened to Bitcoin and Ethereum Funds Last Week – BitRss Cryptocurrency
Banco Nacional Launches Costa Rica’s First Bitcoin ETF, $7 Billion Bank Opening Crypto Investment to Citizens – BitRss Cryptocurrency
Elon Musk Signals Potential Future for Cryptocurrencies in Payment Services – BitRss Cryptocurrency
Public Citizen Demands Probe into Trump Memecoin Project – BitRss Cryptocurrency
Vivek Ramaswamy and Michael Saylor Weigh in on Bitcoin and America’s Future at “Bitcoin for America” Summit – BitRss Cryptocurrency

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • BDTCOIN Listing On AscendEX Exchange, अभी शुरू करें ट्रेडिंग – BitRss
  • Bitget Burns 30 Million BGB Tokens Worth $130M in Latest Supply Reduction – BitRss
  • 火币 HTX 质押借币第 6 期“借贷即挖矿”重磅上线,参与活动瓜分 50亿$HTX – BitRss
  • 韩国拟推七项加密政策,计划年内开放 BTC 现货 ETF 交易 – BitRss
  • 数据:以太坊现货 ETF 昨日总净流入 6411.59 万美元,持续 3 日净流入 – BitRss

Categories

  • Big Data
  • Business Analysis
  • Business Intelligence
  • Business News
  • Cryptocurrency

Copyright © 2025 .

Powered by PressBook Blog WordPress theme