US EditionArkham Uncovers $14.5 Billion in Bitcoin Stolen From Chinese Mining Pool in 2020
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11 Articles
Arkham Uncovers $14.5 Billion in Bitcoin Stolen From Chinese Mining Pool in 2020
A massive bitcoin theft, described as possibly the largest in history, was just uncovered by blockchain analytics firm Arkham Intelligence. According to Arkham, 127,426 BTC, now valued at around $14.5 billion, was quietly stolen from the Chinese mining pool LuBian in December 2020. Arkham’s analysis found that LuBian was first hacked on December 28, 2020 for over 90% of their BTC, then again on December 29 for $6 million worth of BTC and USDT. …
Arkham Dives Into The Cold Case Of LuBian Mining Pool’s Missing $14B Worth Of Bitcoin
Arkham recently discussed the status of the 127,426 Bitcoin stolen from the LuBian mining pool. The funds remain within the hacker’s address, which the perpetrator consolidated last year. The Chinese company remains mum on the hacking incident. Arkham Intelligence, a blockchain intelligence platform, recently broke the news about the whereabouts of a missing Bitcoin haul worth billions of dollars. An unknown hacker stole the digital asset stockp…
$14.5B Bitcoin Heist Exposed: Chinese Mining Giant LuBian Tied to Largest Crypto Theft Ever
Currently recognised as the largest crypto theft in history, Chinese Bitcoin mining pool LuBian was the victim of a staggering 127,426 BTC heist in December 2020. At the time, the stolen Bitcoin was worth approximately $3.5 billion, but with BTC’s current price surge, the haul is now valued at $14.5 billion, according to blockchain analytics firm Arkham Intelligence. LuBian, once a dominant player controlling 6% of the Bitcoin network’s hash rat…
Bitcoin News: Arkham Intelligence Exposes $14.5 Billion Bitcoin Theft From Chinese Mining Pool LuBian
Bitcoin worth $14.5 billion was quietly stolen from Chinese mining pool LuBian in December 2020, blockchain analytics firm Arkham Intelligence has revealed. Bitcoin News: Bitcoin worth $14.5 billion was quietly stolen from Chinese mining pool LuBian in December 2020, blockchain analytics firm Arkham Intelligence has revealed. The massive heist involved 127,426 BTC, making it potentially the largest crypto theft by dollar value at the time of th…
In 2020, while the world was grappling with the pandemic, a cyberattack stole 127,426 bitcoins, then valued at $3.5 billion, from the Chinese LuBian mining pool. Five years later, Arkham Intelligence revealed the theft, which now reaches a value of 14.5 billion euros, becoming the largest in history in cryptocurrencies. LuBian, which emerged as one of the world’s leading pools, disappeared in 2021 without explanation. The attack exploded a weakn…
$14,500 Millions Missing?! Arkham Discover Bitcoin's Biggest Hacking in History - Crypto Economy Esp
News Key Points: Arkham's investigation reveals a discreet theft of $3.5 billion (127,426 BTC) from LuBian Chinese mining pool in December 2020. This loot amounts to $14.5 billion today, marking the biggest bitcoin hack ever discovered. Attackers exploited vulnerabilities in LuBian's key management system, draining more than 90% of their BTC reserves. On-chain Forensics found negotiation pleas embedded in transaction metadata. The gap highlights…
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