Chinese mining pool LuBian was hacked in 2020 for 127,426 Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price” title=”null”>BTC), valued at about $3.5 billion at the time, making it the biggest crypto hack in history, according to blockchain analytics platform Arkham Intelligence.
The platform retroactively data-ct-non-breakable=”null” href=”https://x.com/arkham/status/1951729790299394113″ rel=”noopener nofollow” target=”_blank” title=”null”>uncovered the heist on Saturday, claiming that LuBian, which emerged as the data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/new-cryptic-chinese-operation-instantly-becomes-sixth-largest-btc-mining-pool” title=”null”>sixth-largest BTC mining pool at the time, was first hacked on December 28, 2020.
About 90% of the pool’s BTC was stolen by the threat actor before LuBian was able to data-ct-non-breakable=”null” href=”https://intel.arkm.com/explorer/entity/lubian-com” rel=”noopener nofollow” target=”_blank” title=”null”>move its remaining 11,886 BTC to recovery wallets. Neither…
