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.

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BitcoinEthereumNews2025/09/18 02:08