Chinese mining pool LuBian, which was attacked in 2020 and robbed of 127.426 Bitcoins (BTCArkham Intelligence’s blockchain analytics platform estimates that the total value of the attack was $3.5 Billion at the time.
Platform retroactively uncovered LuBian emerged as the suspect in the Saturday heist. sixth-largest BTC mining pool The first time that was hacked occurred on 28 December 2020.
Before LuBian arrived, the threat actor had stolen 90% of BTC belonging to the pool. move The platform will recover the wallets with its 11,886 BTC remaining. The intelligence platform stated that neither the platform, nor the hacker at the time publicized the attacks.
It cost the mining pool 1.4 BTC to embed an OP_RETURN to all of the hacker’s wallet addresses in 1516 messages. Arkham’s team wrote also:
“It appears that LuBian was using an algorithm to generate its private keys that was susceptible to brute-force attacks. This may have been the vulnerability exploited by the hackers.”
Bitcoin was stolen in the past, but it is worth $14.5billion at the current price. This attack highlights that users of cryptography should practice safety and manage their private keys, using only random number generation software.
Related: Crypto hacks top $142M in July, with CoinDCX leading losses
LuBian Hack tops ByBit Hack and other famous crypto heists
The ByBit Exchange was launched in February. hacked for $1.5 billion The attack was reported to be the single biggest crypto hack in history At the time.
ByBit is a computer virus that was first discovered in 2003. compromised SafeWallet developer machineAccording to postmortem findings report SafeWallet, a cybersecurity company from Mandiant.
The hackers exploited this developer by installing malicious software on his system, and using the Amazon Web Services tokens that he had while logged in and online.
The hackers were able to gain access to sensitive systems, without causing alarms or prompting a response by the security team.
An elderly person was found in April. lost $330 million in Bitcoin Through a social-engineering attack which laundered money through 300 different wallet address.
BTC’s heist, which was only $7 of $330 million at the time was deemed the fifth largest crypto heist. frozen Just after the attacks, the police will be able to provide immediate assistance.
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Source: cointelegraph.com
