Definition ∞ Single transaction theft describes the act of stealing digital assets through a solitary, unauthorized blockchain transaction. This type of theft often occurs when an attacker gains direct control of a victim’s private key or wallet access. It typically involves a swift transfer of funds from the victim’s address to the perpetrator’s. The theft is characterized by its directness and immediate impact.
Context ∞ In the cryptocurrency sector, single transaction theft is a common outcome of various security breaches, frequently reported in incident analyses. Phishing attacks, malware infections, or compromised hardware wallets can all facilitate such an event. News often details how users lose their digital assets in an instant due to a single, irreversible transfer, underscoring the critical importance of robust private key management and vigilance against social engineering scams.
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