Home CryptocurrencyAltcoin Bitcoin Heist of $ 3.5 billion, the largest cryptographic trick in history, retroactively discovered

Bitcoin Heist of $ 3.5 billion, the largest cryptographic trick in history, retroactively discovered

by SuperiorInvest

The Chinese mining pool Lubian was pirated in 2020 by 127,426 Bitcoin (BTC), valued at around $ 3.5 billion at that time, which makes it the largest History crypto hack, according to the Blockchain Arkham Intelligence analysis platform.

The platform retroactively discovered the robbery on Saturday, claiming that Lubian, which emerged as the sixth largest BTC mining group at that time, was first pirate on December 28, 2020.

About 90% of the group’s BTC was stolen by the threat actor before Lubian could move his 11,886 BTC remaining to recovery wallets. Neither the platform nor the hacker advertised the attack at that time, said the intelligence platform.

Stolen funds from Lubian through multiple transactions. Fountain: Arkham intelligence

The mining group embedded an op_return message to each of the wallet addresses belonging to the hacker in 1,516 different messages, which cost approximately 1.4 BTC. Arkham’s team also wrote:

“It seems that Lubian was using an algorithm to generate his private keys that was susceptible to brute force attacks. This may have been the vulnerability exploited by computer pirates.”

The stolen Bitcoin is now worth approximately $ 14.5 billion at current prices, and the attack highlights the need for cryptography users to practice proactive security measures and private key management, trusting only in the generators of louder random numbers to create keys.

Cybercrime, mining pools, cybersecurity, hacks
OP_RETURN messages sent from Lubian to the hacker addresses. Fountain: Arkham intelligence

Related: Crypto Hacks higher than $ 142 million in July, with the main losses of COINDCX

Lubian’s hack leads bybit’s trick and other cryptographic infams

In February, the Exchange Bybit was pirated for $ 1.5 billion and the attack was reported as the greatest cryptographic pirate in history at that time.

The Bybit’s attack was attributed to a compromised Safewallet developer machine, according to a post -mortem report by the Safewallet and Cyberseurity Mandiant firm.

It is likely that these computer pirates exploded the developer machine by installing malware in the system and then using the Amazon web services tokens (AWS) of that developer while the developer was online and active.

https://www.youtube.com/watch?v=ndv0rfehetq

This allowed computer pirates to access confidential systems without activating any alarm or activating a team response.

In April, an individual old man lost $ 330 million in Bitcoin through a social engineering attack, which was washed through 300 different wallet addresses.

The BTC robbery was considered the fifth largest crypt in history at that time, and only $ 7 million of the $ 330 million froze in the immediate wake of the attack.

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