BREAKING: ARKHAM UNCOVERS $3.5B HEIST - THE LARGEST EVER
LuBian was a Chinese mining pool with facilities in China & Iran. Based on analysis of on-chain data, it appears that 127,426 BTC was stolen from LuBian in December 2020, worth $3.5 billion at the time and now worth approximately $14.5 billion.
Neither LuBian nor the hacker have publicly acknowledged the hack. Arkham is the first to report it. Details below:
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LuBian was a Chinese mining pool with facilities in China & Iran. Based on analysis of on-chain data, it appears that 127,426 BTC was stolen from LuBian in December 2020, worth $3.5 billion at the time and now worth approximately $14.5 billion.
Neither LuBian nor the hacker have publicly acknowledged the hack. Arkham is the first to report it. Details below:
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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.
LuBian preserved 11,886 BTC, currently worth $1.35B, which they still hold. The hacker also still holds the stolen BTC, with their last known movement being a wallet consolidation in July 2024.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
LuBian preserved 11,886 BTC, currently worth $1.35B, which they still hold. The hacker also still holds the stolen BTC, with their last known movement being a wallet consolidation in July 2024.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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With $3.5B in stolen assets at time of transfer, the LuBian hack is the largest ever.
Owing to BTC’s price appreciation since 2020, the current value of stolen assets is $14.5B, making the LuBian hacker the 13th largest BTC holder on Arkham, ahead of the Mt. Gox Hacker.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
Owing to BTC’s price appreciation since 2020, the current value of stolen assets is $14.5B, making the LuBian hacker the 13th largest BTC holder on Arkham, ahead of the Mt. Gox Hacker.
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#LosAngeles. Wild teens ransack Chevron store in Lincoln Heights in broad daylight.
Another SoCal store is taken over by rampaging teens racksacking aisles, grabbing whatever they can. This time, a Lincoln Heights Chevron station is hit. The frustrated store managers who want police to do more to stop the takeovers.
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Another SoCal store is taken over by rampaging teens racksacking aisles, grabbing whatever they can. This time, a Lincoln Heights Chevron station is hit. The frustrated store managers who want police to do more to stop the takeovers.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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