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.

By: theblockbeats.news|2025/08/03 02:12:24
0
Share
copy

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.

-- Price

--

You may also like

How to choose between buying discounted ETH, Bitmine, and SharpLink?

The answer may not lie in whose story is told better, but in specific dimensions such as cost of holding, financing ability, liquidity, and whether the narrative can be realized.

Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip

Abandoning TSMC and teaming up with Samsung. Anthropic launches a self-developed 2nm chip program, challenging Nvidia and starting a battle to break through computing power costs.

A South Korean company that learned the strategy of hoarding coins, from a bull market to delisting?

When the overall momentum of the Korean stock market is strong, this batch of cryptocurrency concept stocks, branded as the "Korean version of Strategy," finds itself at a crossroads of life and death.

Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed

Zhao Changpeng's billion-dollar new "family office" YZi Labs investment landscape revealed: 70% of the funds are committed to the crypto ecosystem, while 30% are cross-industry bets on AI and biotechnology, launching a new capital experiment in the post-Binance era.

Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com