16 Billion Stolen Credentials Threaten Crypto Wallets: Are Your Digital Assets Safe?

Hackers are salivating over a treasure trove of 16 billion compromised login credentials—and your crypto wallet might be next on the menu.

Security experts warn that this unprecedented data breach could unleash a wave of attacks targeting digital asset holders. The stolen credentials—usernames, passwords, and potentially even 2FA codes—create a perfect storm for crypto theft.

While traditional banks can reverse fraudulent transactions (after charging you $35 for the privilege), blockchain's irreversible nature means stolen crypto is often gone forever. Time to check those security settings—before someone else does it for you.

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.