Arkham Don Find 127,426 BTC LuBian Bitcoin Hack
Arkham Intelligence don find out di LuBian Bitcoin hack, wey be di biggest crypto kasala wey dem never talk about before. On December 28, 2020, hackers take advantage of weak private key generation algorithm for Chinese mining pool LuBian to brute-force wallets come steal 127,426 BTC (round about $3.5 billion for dat time). About 90% of di pool holdings dem carry go, while dem put 11,886 BTC for recovery wallets wey secure. Arkham use blockchain forensics—wey track OP_RETURN messages inside 1,516 transactions—to plan how money waka for chain and to confirm di total theft. Now di Bitcoin wey dem thief don reach like $14.5 billion, e still dey active. Dis kain matter show say e dey very important to get strong private key management, hardware wallets, multi-sign setup, plus regular security checks to protect digital money.
Bearish
Di revelation wey show say LuBian Bitcoin hack happen show say serious security break don happen and e bring worry about how secure e still dey. For short time, traders fit start to sell BTC more as risk dey rise. Even though the coins dem thief no move, the news fit make people dey careful and market fit shake small. For long term, demand fit balance as exchanges and people wey keep money go make security tighter, but now, e fit make market fall because people dey fear risk more.