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LastPass Hack: Flow of Funds Analysis

On October 25th, 2023, LastPass, a widely used password manager, fell victim to a security breach. The breach had significant ramifications, affecting approximately 25 users whose assets were distributed across 80 wallets. This breach resulted in a staggering loss of approximately $4.4 million in various cryptocurrencies. Among the affected blockchain networks were Bitcoin, Ethereum, Binance Smart Chain, Polygon, Solana, Cardano, Litecoin, Arbitrum, and Avalanche. 

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Hack Track: Mixin Flow of Funds Analysis

Mixin Network, a Hong Kong-based digital asset transactional platform, reported a security breach on 25 September, revealing a loss of approximately $200 million due to a hack of its cloud service provider. The stolen funds accounted for so far are comprised of ETH, USDT (swapped to DAI), and BTC. If the $200M figure stated by Mixin is accurate, it would make this incident the biggest hack of 2023 so far.

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