The Chinese mining pool Lubian was hacked in 2020 for 127,426 Bitcoin (BTC), worth around 3.5 billion dollars at the time, making it the biggest cryptographic hacking in history, according to the Arkham Intelligence blockchain analysis platform.
The platform retroactively discovered robbery on Saturday, saying that Lubian, who became the sixth largest BTC mining swimming pool at the time, was hacked for the first time on December 28, 2020.
About 90% of the BTC of the swimming pool was stolen by the threat actor before Lubian could move his remaining 11,886 BTC to recovery wallets. Neither the platform nor the pirate published the attack at the time, said the intelligence platform.
The mining swimming pool integrated an op_return message at each of the pirate’s wallet addresses in 1,516 different messages, which cost it about 1.4 BTC. The Arkham team also wrote:
“It seems that Lubian used an algorithm to generate his private keys sensitive to brutal attacks. It may be the vulnerability operated by pirates.”
The stolen bitcoin is now worth around $ 14.5 billion at current prices, and the attack highlights the need for crypto users to practice proactive safety measures and the management of private keys, based only on the most robust random numbers to create keys.
In relation: Crypto Hacks exceeded $ 142 million in July, with Coindcx’s head losses
Lubian Hack at the head of bybit hacking and other sadly famous toes
In February, the Bybit Stock Exchange was hacked for $ 1.5 billion and the attack was reported as the greatest cryptography hacking in history at the time.
Bybit’s attack was attributed to a SAFEWALLET compromise developer machine, according to a post-mortem report in Safewallet and the mandiant cybersecurity company.
These pirates probably exploited the developer machine by installing malware on the system, then using the Amazon Web Services (AWS) tokens of this developer while the developer was online and active.
https://www.youtube.com/watch?v=ndv0rfehetq
This allowed the pirates to access sensitive systems without triggering alarm ringtone or triggering a response from the team.
In April, an elderly person lost $ 330 million in Bitcoin thanks to a social engineering attack, which was laundered by 300 different portfolio addresses.
BTC robbery was considered the fifth largest cryptographic robbery in history at the time, and only $ 7 million out of $ 330 million was frozen in the immediate wake of the attack.
Review: Inside a 30,000 phones farm, stealing crypto Airdrops to real users