A crypto wallet tied to a little-known Chinese mining pool may have been the victim of the largest bitcoin theft ever recorded, according to new findings from Arkham Intelligence.
n an Aug. 2 thread on X, the onchain analytics firm said it had uncovered evidence that 127,426 BTC — worth $3.5 billion at the time — was stolen from LuBian Mining Pool in late December 2020. Neither LuBian nor the suspected hacker has ever publicly acknowledged the breach, and Arkham said it is the first to report the incident.
Read more…
Source: Yahoo News
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- UK Government website offline after hack infects thousands more worldwide
February 11, 2018
More than 5,000 websites have been hacked to force visitors’ computers to run software that mines a cryptocurrency similar to Bitcoin. Users loading the websites of the Information Commissioner’s Office, the Student Loans Company, as well as the council websites for Manchester City, Camden, and Croydon – and even the homepage of the United States Courts ...
- Crucial iPhone source code posted in unprecedented leak
February 8, 2018
Critical, top secret Apple code for the iPhone’s operating system was posted on Github, opening a new, dangerous avenue for hackers and jailbreakers to access the device, Motherboard reported. The code, known as “iBoot,” has since been pulled, but Apple may have confirmed it was the real deal when it issued a DMCA takedown to Github, as Twitter user ...
- A Faraday cage or air gap can’t protect your device data from these two cyberattacks
February 8, 2018
Two common methods of physical cybersecurity, air gapping and Faraday cages, have been found breachable in two papers released by researchers from Ben-Gurion University. Faraday cages are grounded cages made of electrically conductive material that can completely block electromagnetic fields and signals. Air-gapped computers are those completely isolated from outside networks and signals. Air-gap setups commonly include Faraday ...
- Cyber Espionage Group Targets Asian Countries With Bitcoin Mining Malware
February 7, 2018
Security researchers have discovered a custom-built piece of malware that’s wreaking havoc in Asia for past several months and is capable of performing nasty tasks, like password stealing, bitcoin mining, and providing hackers complete remote access to compromised systems. Dubbed Operation PZChao, the attack campaign discovered by the security researchers at Bitdefender have been targeting organizations in the government, ...
- DDoS mystery: Who’s behind this massive wave of attacks targeting Dutch banks?
February 1, 2018
There is as yet no indication of who is behind the massive distributed denial of service (DDoS) attacks on Netherlands banks and government websites that ran from last weekend to Tuesday. Initial reports suggesting a Russian connection appear baseless. The attacks began just a couple of days after media reports stated that Dutch intelligence tipped off their ...
- Meltdown-Spectre: Malware is already being tested by attackers
February 1, 2018
German antivirus testing firm AV-Test has identified 139 samples of malware that seem to be early attempts at exploiting the Meltdown and Spectre CPU bugs. “So far, the AV-Test Institute discovered 139 samples that appear to be related to recently reported CPU vulnerabilities. CVE-2017-5715, CVE-2017-5753, CVE-2017-5754,” the company wrote on Twitter. The company has posted SHA-256 hashes of several ...