Author: Arkham
Translated by: Wenser, Odaily
In the current volatile and downward cryptocurrency market, the on-chain data platform Arkham released a long article yesterday revealing a hacking incident that can be considered the "largest BTC theft in history," involving the well-known BTC mining pool LuBian. The platform once controlled 6% of the total computing power of the Bitcoin network but was hacked in December 2020, losing over 127,000 BTC, which is currently worth approximately $14.5 billion. Odaily will organize this hacking event that has been sealed for nearly 5 years in this article for readers' reference.
Largest BTC Theft in History: Over 127,000 BTC, Currently Worth $14.5 Billion
Recently, the on-chain data platform Arkham disclosed that the "largest BTC theft in history" has surfaced - involving the LuBian mining pool.
According to information, the mining pool's main mining equipment was deployed in China and Iran. Based on on-chain data analysis, in December 2020, 127,426 BTC were stolen from the LuBian mining pool, with the assets valued at $3.5 billion at the time and now worth approximately $14.5 billion. As of the time of writing, neither LuBian nor the hackers in this theft have publicly acknowledged the attack.
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