LuBian Pool was hacked in 2020, losing 127,000 BTC. The hacker still controls the assets and has become the 13th largest BTC holder globally.
BlockBeats News, August 3rd, according to Arkham, the once top ten global mining pool LuBian suffered a major security incident in December 2020, with a total of 127,426 BTC stolen. At the current coin price, the stolen BTC is valued at 14.5 billion U.S. dollars, making it the largest Bitcoin theft in history.
Arkham stated that LuBian was a Chinese mining pool that had mining farms in China and Iran. In May 2020, it controlled nearly 6% of the Bitcoin network's total hashing power, exerting significant industry influence. The attack occurred on December 28, 2020, where the attacker allegedly exploited a vulnerability in its private key generation algorithm, successfully stealing over 90% of the holdings through brute force. The following day (December 29th), the hacker transferred some of the BTC again, amounting to 6 million U.S. dollars.
In addition, LuBian attempted to plea with the hacker through on-chain OP_RETURN messages, requesting the return of the stolen assets. The official team sent a total of 1,516 transactions with messages, consuming 1.4 BTC, further confirming that the event was not fraudulent.
Currently, LuBian still holds 11,886 BTC (approximately 1.35 billion U.S. dollars), and the hacker's latest on-chain activity was an address consolidation in July 2024. As of the disclosure date, the hacker still controls the stolen BTC, their identity is unknown, and their holdings now rank as the 13th largest BTC holder globally, even surpassing the Mt. Gox hacker address.
You may also like

Morning News | Coinbase partners with Standard Chartered Bank to expand multi-currency fiat channels; Sharplink and Forward will be included in the Russell Index; JPMorgan may issue stablecoins in the future

Morning News | Hyperliquid launches off-chain event prediction market contracts; Strategy completes $1.5 billion debt buyback; Kelp DAO announces rsETH has fully recovered

Bankless Founder: Why I Sold All My ETH

Senior Public Company Financial Audit: Taking Hashkey as an Example, Discussing Which Account to Include for Exchange Issued Platform Tokens?

How did Micron win a trillion-dollar market value while Samsung relies on technology cycles and Hynix relies on HBM?

Dialogue with AEON co-founder Leo: The real bottleneck of the Agentic Economy is not the model, but the settlement

2 years, 225 times the return? Unveiling the mysterious researcher Serenity's AI "bottleneck" investment technique

B.AI partners with BNB Chain to launch the "Billion AI Token Subsidy" celebration, fully igniting the on-chain intelligent agent ecosystem

The trillion-dollar frenzy of selling memory, profits from buying memory are halved

Who can make money in the era of Agents?

From brokerages to banks, Hong Kong intensifies efforts to clean up cross-border investment account openings

DeFi has reached its most dangerous moment: the real vulnerabilities are not in the code

Morning Report | Binance launches DYOR research tool; YZi Labs launches recruitment platform YZi Talent; Vitalik states that the Ethereum Foundation will "downsize" and reduce the amount of ETH sold

Insiders betting on Musk are reaping "historic returns."

Ten Thousand Characters Breakdown of On-Chain Vaults: Eight Major Tracks, Who is Rising and Who is Declining?

Behind NEAR's Doubling: 3 Major Trends Becoming the Engine of Coin Prices

Visa and Stripe are both working on stablecoins, but their focus is not on payments


