I remember the LastPass breach incident in 2022 very clearly. Seeing that news back then really chilled me to the bone. Now that TRM Labs' tracking results are out, the $28 million stolen assets ultimately flowed to Russian criminal groups. This has given me a deep warning.
Many people think that using CoinJoin to mix coins can completely hide their identity, but little do they know that every on-chain transaction is traceable. Hackers, no matter how clever, cannot escape behavioral continuity analysis — it's like no matter how much you change your appearance, your habits will still reveal your identity. Funds that entered high-risk exchanges like Cryptex and Audi6 were eventually locked down.
This case taught me the most important lesson: private key security and wallet management must never be lax. If password management tools like LastPass are compromised, the chain reaction can be catastrophic. My current approach is to store private keys of important wallets in physically isolated storage, use strong, unique passwords and two-factor authentication for exchange accounts, and avoid relying on any single management tool for unified storage.
There's also a detail worth noting — those stolen funds were ultimately traced back to exchanges, indicating that there is no absolute anonymous haven on the chain. For retail investors like us, this is both a risk warning and a form of protection — projects that truly want to fleece you will be more cautious because they know everything can eventually be uncovered. The key to long-term survival is to focus on defense; it's more important than offense.
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I remember the LastPass breach incident in 2022 very clearly. Seeing that news back then really chilled me to the bone. Now that TRM Labs' tracking results are out, the $28 million stolen assets ultimately flowed to Russian criminal groups. This has given me a deep warning.
Many people think that using CoinJoin to mix coins can completely hide their identity, but little do they know that every on-chain transaction is traceable. Hackers, no matter how clever, cannot escape behavioral continuity analysis — it's like no matter how much you change your appearance, your habits will still reveal your identity. Funds that entered high-risk exchanges like Cryptex and Audi6 were eventually locked down.
This case taught me the most important lesson: private key security and wallet management must never be lax. If password management tools like LastPass are compromised, the chain reaction can be catastrophic. My current approach is to store private keys of important wallets in physically isolated storage, use strong, unique passwords and two-factor authentication for exchange accounts, and avoid relying on any single management tool for unified storage.
There's also a detail worth noting — those stolen funds were ultimately traced back to exchanges, indicating that there is no absolute anonymous haven on the chain. For retail investors like us, this is both a risk warning and a form of protection — projects that truly want to fleece you will be more cautious because they know everything can eventually be uncovered. The key to long-term survival is to focus on defense; it's more important than offense.