- In December 2020, LuBianāyes, that giantālost a jaw-dropping 127,426 BTC, the worth of which skyrocketed to a monstrous $14.5 billion. Who knew that a mining farm could do a Houdini? š®š
- At its peak, LuBian commanded 6% of Bitcoinās entire network hash rateāimagine the power, or perhaps the hubris, of that digital behemoth. š¤šŖ
- An untouched hacker wallet, now the 13th largest Bitcoin holderāstill chilling, waiting for its cameo appearance in the sequel. š¬š»
Once upon a time in December 2020, in the shadowed alcoves of Chinese crypto mines, lurked a story of audacity and crypto chaos. LuBian, the mining pool titan, fell victim to a theft larger than a Hollywood lottery wināa theft of over 127,000 Bitcoins worth approximately $3.5 billion back then. Today? Itās more like a digital Titanic sailing into a $14.5 billion iceberg, oh, the irony! š“āā ļøš°
/wp:post-content
wp:image
/wp:image
Source- X
/wp:paragraph
This grand theft was buried under hush-hush until the clandestine internet detectives unearthed itāalmost five years later! Thanks, Arkham Intelligence, for the forensic drama. Turns out, the hacker and LuBian finally spilled the beansāwell, not quite, but the evidence was enough for a quantum of solace. šµļøāāļøšļø
LuBianās Crypto Catastrophe: Keep Calm and Crypto On?
/wp:paragraph
wp:image
/wp:image
Source ā X
/wp:paragraph
Back in the halcyon days of 2020, LuBian was more than just a mining pool; it was a titanāemployment of mining farms from China to Iran, wielding nearly 6% of the Bitcoin universe. No small potatoes, unless youāre a potato mining startup with less hash rate. š„š»
/wp:paragraph
wp:image
/wp:image
Source ā X
/wp:paragraph
Then, December 28, 2020, happenedāand with it, hackers, who clearly missed their coffee that morning. They exploited a flaw in private key generation, siphoning off more than 90% of LuBianās BTC stash in a single, audacious swoop. Like a digital pickpocket with a PhD in chaos. š¶āāļøš¼
/wp:paragraph
wp:image
/wp:image
Source ā X
/wp:paragraph
Forty-eight hours laterābecause apparently pirates love a good countdownāanother six million Bitcoin and USDT pirouetted out of a LuBian wallet tied to the Bitcoin Omni network. The grand finale? LuBian, dressed in desperation, sent out a barrage of 1,516 Bitcoin transactionsāliterally shouting, āHey, hacker, buddy, can you just, I dunno, *please* give it back?ā Talk about a digital plea for mercy. š„ŗš
/wp:paragraph
The Shadowy Zombie: The Hacker Who Refused to Die
/wp:paragraph
wp:image
/wp:image
Source ā X
/wp:paragraph
The supposedly ghostly, stolen loot remains dormantāsat on the hackerās digital shelf, untouched since July 2024. Unlike a lazy dragon guarding its hoard, this hacker is now a giant among crypto giantsā13th biggest Bitcoin whale, surpassing even the notorious Mt. Gox ghost. And yes, still sitting pretty on a treasure trove valued at a staggering 14.5 billion dollars. šš
/wp:paragraph
What does it all mean? Well, clearly, the bug in LuBianās private key genesis was a gift wrapped in codeāan uncanny vulnerability that turned a mighty mining empire into a cautionary tale. Now, itās a legendary whisper in the hallways of crypto lore, raising eyebrows about primitive mining security and the perils lurking behind the blockchain curtain. šš
/wp:paragraph
Compared to wizard-level heists like the Bybit debacleā$1.5 billion snatchedāthey make us wonder: are we really safe, or just paper-thin digital castles built on sand? š°š„
Read More
- Donāt Miss the BBC Proms 2025: Full Schedule Revealed!
- EUR JPY PREDICTION
- All New Items in Abiotic Factor 1.0
- PI PREDICTION. PI cryptocurrency
- Nobody 2 Streaming Release Date Rumors: Whenās It Coming Out on Peacock?
- One Pieceās Anime Unveils First Look at the Final Sagaās Best Scene
- USD JPY PREDICTION
- Ozzy Osbourne and the Memecoin Madness: When Death Becomes a Crypto Trend
- Gold Rate Forecast
- F-106A Six Shooter War Thunder Event Takes Off
2025-08-03 23:58