Malware Attack Steals $27M from Safe Multisig Crypto Wallet

SlowMist’s Cosine reported Babur’s $27M crypto loss to malware, with major thefts tied to Solana and Ethereum addresses and partial bridging of funds to Ethereum.

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Summary

User Babur lost $27 million in cryptocurrency after a malware infection compromised his computer, according to SlowMist’s Cosine. The stolen assets included holdings in Solana address 91xu and Ethereum Safe multisig wallet 0xD2, with two largest transactions totaling over $18 million. Some of the stolen funds were bridged to Ethereum, indicating cross-chain movement following the attack.

Terms & Concepts
  • Safe multisig wallet: A cryptocurrency wallet requiring multiple private key signatures to authorize transactions, enhancing security compared to single-signature wallets.
  • Private keys: Secret cryptographic codes that grant access and control over cryptocurrency holdings.
  • Malware: Malicious software designed to infiltrate and damage computer systems or steal sensitive information.