The post Crypto Theft of $27M Reported Amidst Ongoing Investigations appeared on BitcoinEthereumNews.com. Key Points: $27 million cryptocurrency theft reported, linked to Solana and Ethereum. Theft suspected to involve malware; private key compromise. Security efforts underway; impact on broader market remains minor. On December 5th, user Babur reported a cryptocurrency theft of $27 million, with assets linked to Solana and Ethereum addresses, potentially caused by malware. The incident underscores security vulnerabilities in digital asset management, highlighting risks of malware and private key exposure, stressing the need for robust cybersecurity measures in cryptocurrency holdings. $27M Crypto Theft: Malware Compromises Solana & Ethereum The theft of $27 million worth of cryptocurrency primarily affected Solana and Ethereum addresses. Babur reported the incident, prompting security analysts like SlowMist’s Yu Xian to investigate. The suspected cause is malware infection, compromising the user’s private keys used for Safe multisignature addresses. Coincu’s research team suggests digital asset security improvements become paramount following such incidents. PeckShield alerts about new vulnerabilities affecting DeFi projects, highlighting the need for regulatory attention. The integration of advanced protection technologies may mitigate similar risks in the future. Solana’s Price Dips Amid Breach; Calls for Enhanced Security Did you know? The theft echoes a historical pattern, where sophisticated malware leads to substantial cryptocurrency losses, often involving private key compromises and multisignature breaches, commonly seen in the industry’s early years. Data from CoinMarketCap indicates Solana’s price is $132.69, with a market cap of approximately $74.29 billion. The platform shows a 4.60% drop within 24 hours, reflecting volatility. Recent price trends exhibit a significant 18.01% decline over the past 30 days. Solana(SOL), daily chart, screenshot on CoinMarketCap at 22:28 UTC on December 5, 2025. Source: CoinMarketCap Security efforts underway; impact on broader market remains minor. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own… The post Crypto Theft of $27M Reported Amidst Ongoing Investigations appeared on BitcoinEthereumNews.com. Key Points: $27 million cryptocurrency theft reported, linked to Solana and Ethereum. Theft suspected to involve malware; private key compromise. Security efforts underway; impact on broader market remains minor. On December 5th, user Babur reported a cryptocurrency theft of $27 million, with assets linked to Solana and Ethereum addresses, potentially caused by malware. The incident underscores security vulnerabilities in digital asset management, highlighting risks of malware and private key exposure, stressing the need for robust cybersecurity measures in cryptocurrency holdings. $27M Crypto Theft: Malware Compromises Solana & Ethereum The theft of $27 million worth of cryptocurrency primarily affected Solana and Ethereum addresses. Babur reported the incident, prompting security analysts like SlowMist’s Yu Xian to investigate. The suspected cause is malware infection, compromising the user’s private keys used for Safe multisignature addresses. Coincu’s research team suggests digital asset security improvements become paramount following such incidents. PeckShield alerts about new vulnerabilities affecting DeFi projects, highlighting the need for regulatory attention. The integration of advanced protection technologies may mitigate similar risks in the future. Solana’s Price Dips Amid Breach; Calls for Enhanced Security Did you know? The theft echoes a historical pattern, where sophisticated malware leads to substantial cryptocurrency losses, often involving private key compromises and multisignature breaches, commonly seen in the industry’s early years. Data from CoinMarketCap indicates Solana’s price is $132.69, with a market cap of approximately $74.29 billion. The platform shows a 4.60% drop within 24 hours, reflecting volatility. Recent price trends exhibit a significant 18.01% decline over the past 30 days. Solana(SOL), daily chart, screenshot on CoinMarketCap at 22:28 UTC on December 5, 2025. Source: CoinMarketCap Security efforts underway; impact on broader market remains minor. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own…

Crypto Theft of $27M Reported Amidst Ongoing Investigations

2025/12/06 07:41
Key Points:
  • $27 million cryptocurrency theft reported, linked to Solana and Ethereum.
  • Theft suspected to involve malware; private key compromise.
  • Security efforts underway; impact on broader market remains minor.

On December 5th, user Babur reported a cryptocurrency theft of $27 million, with assets linked to Solana and Ethereum addresses, potentially caused by malware.

The incident underscores security vulnerabilities in digital asset management, highlighting risks of malware and private key exposure, stressing the need for robust cybersecurity measures in cryptocurrency holdings.

$27M Crypto Theft: Malware Compromises Solana & Ethereum

The theft of $27 million worth of cryptocurrency primarily affected Solana and Ethereum addresses. Babur reported the incident, prompting security analysts like SlowMist’s Yu Xian to investigate. The suspected cause is malware infection, compromising the user’s private keys used for Safe multisignature addresses.

Coincu’s research team suggests digital asset security improvements become paramount following such incidents. PeckShield alerts about new vulnerabilities affecting DeFi projects, highlighting the need for regulatory attention. The integration of advanced protection technologies may mitigate similar risks in the future.

Solana’s Price Dips Amid Breach; Calls for Enhanced Security

Did you know? The theft echoes a historical pattern, where sophisticated malware leads to substantial cryptocurrency losses, often involving private key compromises and multisignature breaches, commonly seen in the industry’s early years.

Data from CoinMarketCap indicates Solana’s price is $132.69, with a market cap of approximately $74.29 billion. The platform shows a 4.60% drop within 24 hours, reflecting volatility. Recent price trends exhibit a significant 18.01% decline over the past 30 days.

Solana(SOL), daily chart, screenshot on CoinMarketCap at 22:28 UTC on December 5, 2025. Source: CoinMarketCap

Security efforts underway; impact on broader market remains minor.

Source: https://coincu.com/news/crypto-27m-theft-investigation/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

The post Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference appeared on BitcoinEthereumNews.com. Key Takeaways Ethereum’s new roadmap was presented by Vitalik Buterin at the Japan Dev Conference. Short-term priorities include Layer 1 scaling and raising gas limits to enhance transaction throughput. Vitalik Buterin presented Ethereum’s development roadmap at the Japan Dev Conference today, outlining the blockchain platform’s priorities across multiple timeframes. The short-term goals focus on scaling solutions and increasing Layer 1 gas limits to improve transaction capacity. Mid-term objectives target enhanced cross-Layer 2 interoperability and faster network responsiveness to create a more seamless user experience across different scaling solutions. The long-term vision emphasizes building a secure, simple, quantum-resistant, and formally verified minimalist Ethereum network. This approach aims to future-proof the platform against emerging technological threats while maintaining its core functionality. The roadmap presentation comes as Ethereum continues to compete with other blockchain platforms for market share in the smart contract and decentralized application space. Source: https://cryptobriefing.com/ethereum-roadmap-scaling-interoperability-security-japan/
Share
BitcoinEthereumNews2025/09/18 00:25
EUR/USD posts modest gains near 1.1650 amid Fed rate cut bets

EUR/USD posts modest gains near 1.1650 amid Fed rate cut bets

The post EUR/USD posts modest gains near 1.1650 amid Fed rate cut bets appeared on BitcoinEthereumNews.com. The EUR/USD pair posts modest gains around 1.1645 during the early Asian session on Monday. The prospect of a US Federal Reserve (Fed) rate cut at its December meeting on Wednesday could weigh on the US Dollar (USD) against the Euro (EUR). Later on Monday, the German Industrial Production and Eurozone Sentix Investor Confidence reports will be published.  Markets are currently pricing in a nearly  87% probability of a 25 basis points (bps) rate reduction, which would bring the federal funds rate down to a target range of 3.75%-4.00%. Traders will closely monitor the press conference and a Summary of Economic Projections, or ‘dot-plot,’ for fresh impetus. If the US central bank delivers a “hawkish cut,” this could support the Greenback and act as a headwind for the major pair.  “We expect to see some dissents, potentially from both hawkish and dovish members,” said BNY’s head of markets macro strategy Bob Savage in a note to clients. Across the pond, the Eurozone inflation came in slightly higher than expected in November, reducing the immediate pressure for a rate cut from the European Central Bank (ECB). Economists expect the ECB to keep rates on hold at the upcoming meeting on December 18. Growing expectation that the ECB is done cutting interest rates could underpin the EUR against the Greenback in the near term.  Goldman Sachs analysts anticipate the deposit rate will stay at 2.0% throughout 2026 unless inflation significantly decreases. Meanwhile, Deutsche Bank economists see a probability of a 25 basis point (bps) rate hike by the end of 2026, citing inflationary pressure. Euro FAQs The Euro is the currency for the 20 European Union countries that belong to the Eurozone. It is the second most heavily traded currency in the world behind the US Dollar. In 2022, it accounted for 31% of all foreign exchange transactions,…
Share
BitcoinEthereumNews2025/12/08 10:03
Robinhood’s Bold Crypto Acquisition In Indonesia

Robinhood’s Bold Crypto Acquisition In Indonesia

The post Robinhood’s Bold Crypto Acquisition In Indonesia appeared on BitcoinEthereumNews.com. Strategic Expansion: Robinhood’s Bold Crypto Acquisition In Indonesia Skip to content Home Crypto News Strategic Expansion: Robinhood’s Bold Crypto Acquisition in Indonesia Source: https://bitcoinworld.co.in/robinhood-crypto-acquisition-indonesia/
Share
BitcoinEthereumNews2025/12/08 09:47