Blockchain investigator ZachXBT has disclosed that the 'LastPass threat actor' has stolen over $5.36 million in cryptocurrencies from 40+ victims. This theft is linked to a December 2022 security breach where attackers accessed encrypted vault data. Despite LastPass's encryption protocols, hackers targeted users who stored private keys in their vaults, resulting in losses exceeding $250 million. Security experts advise users to move their assets from centralized storage and be cautious with password managers. Oluwapelumi and Liam Wright from CryptoSlate emphasize the transformative power of decentralized technology. Readers are urged to stay informed on crypto news and conduct their own research before investing or trading. CryptoSlate does not endorse any mentioned projects and is not liable for any financial losses. Read more AI-generated news on: https://app.chaingpt.org/news