One of the top 10 btc wallets hacked? - page 2.

2double0

legendary

Activity: 2618

Merit: 1105

Quote from: Chlotide on November 04, 2020, 06:46:38 AM

<<>>

Made me wonder how come 0 fee. All I found was a reddit post and could not understand the logic.
Unless the mempool is pretty empty why would miners "want" to add 0 fee transactions and is there really a correlation between how old the ~~transaction~~ input is and associated fee ?

Are you trying to say that the owner just transferred the funds to show that they can move a billion dollars for a very small fee of $12? It was not worth a billion dollars back in April 2013, was slightly worth between $8.5mn to $13mn as the price of btc was $123-$182 in those times. And in those days, miners used to include 0 fee transactions too in their mined blocks but this does not seem to have anything to do with this move at the moment.

Chlotide

full member

Activity: 305

Merit: 106

Too much FUD about this address.

Quote

On June 29 of last year, someone nicknamed humerh3 tried to sell the wallet on Bitcointalk, one of the most popular forums dedicated to the cryptocurrency. Another forum member noticed a listing on All Private Keys for the $690 million wallet earlier this year as well. That listing is now gone, but another site has it on sale.

https://www.vice.com/en/article/bv8k4v/hackers-are-trying-to-break-into-this-bitcoin-wallet-holding-dollar690-million

It seems the wallet.dat has been "allegedly" on sale in many forums and sites. If it's the real one and not a fake that's a different discussion.

Also have a question:

Seems 1BADznNF3W1gi47R65MQs754KB7zTaGuYZ was one of the first addresses to fund the address in the OP.
That transaction happened in 2013 https://www.blockchain.com/btc/tx/5d9ef693d41cb3bb4c6d98e70ea8b2cc91be29a804245a06ec8761d9cddc103c and had 0 fee for 69471.08220100 BTC

Made me wonder how come 0 fee. All I found was a reddit post and could not understand the logic.
Unless the mempool is pretty empty why would miners "want" to add 0 fee transactions and is there really a correlation between how old the ~~transaction~~ input is and associated fee ?

KIZILAGA

jr. member

Activity: 210

Merit: 6

Transparency and a public ledger is slowly becoming a privacy problem.

jemimah_f3

jr. member

Activity: 42

Merit: 1

In my opinion some government agency cracked it or hackers working for the police or the government.

bitcoin31

hero member

Activity: 1834

Merit: 523

That is a lot of bitcoin and hope that the owner of that wallet is responsible for the security of his account because we know the hacker will do everything to open our wallet to send our assets to their wallets to get more money so we need to be vigilant and don't give some information about you because it is one of the cause for you to lose your funds once they have access to your wallet and I hope no more wallet will be hack like this.

error08

hero member

Activity: 1036

Merit: 514

Quote from: pooya87 on November 03, 2020, 10:48:03 PM

Quote from: 2double0 on November 03, 2020, 06:47:51 PM

One of the top 10 btc wallets hacked

why do you think there is a hack involved?
all you provided were a bunch of transaction IDs from the blockchain showing that some coins moved from one place to another and the guesswork you read on some telegram group!

where is the real owner? where is the proof of that? where is the proof that this was sold on dark market and was real not just some fake file containing malware like they always do? where is the proof that this was actually cracked? and what kind of weak ass encryption was it using that it got cracked?

We can't say for sure, who knows whether it was the hacker or the owners that moved those bitcoins. But it connected to silk road.
The market may panic sell if those coins get into exchanges, but first it has to enter the mixer, then lost track of it.

69,370 Bitcoin from an address associated with the Silk Road darknet market.
According to a Nov. 3 report from crypto intelligence firm CipherTrace, the recent movement involving two transactions adding up to 69,370 Bitcoin (BTC) — or more than $960 million at the time of publication — originated from an address connected with the Silk Road marketplace, which was shut down in 2013. The crypto user first sent 1 BTC — likely as a test transaction — before moving the bulk of the coins.

“These movements could possibly mean that the wallet owner is moving funds to new addresses to prevent hackers from accessing the wallet.dat file or that hackers have already cracked the file.”

https://cointelegraph.com/news/1b-of-bitcoin-from-silk-road-wallet-moves-for-first-time-since-2015

3meek

hero member

Activity: 2576

Merit: 684

God, save BTC!

I do not think that this wallet could have been hacked by someone! Such large transactions happen from time to time... There are rumors that this wallet is connected to Silk Road, someone says that it is connected to MtGox...
In any case, someone has moved them to a new SegWit address...

DarkDays

legendary

Activity: 2030

Merit: 1189

Quote from: lovesmayfamilis on November 04, 2020, 02:58:17 AM

They write that this wallet was passed between hackers for about two years.
Here's a tweet message. https://twitter.com/UnderTheBreach/status/1303316723186139136?s=20
And there are also suggestions that the owner is Ross Ulbricht.
From the same wallet, they write that Bitcoin Cash was withdrawn https://www.blockchain.com/bch/address/1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx

This is all interesting news, and it is great that we got it firsthand on here. Now it seems that this is starting to get coverage. As of now this is the latest update on this (here). However, the info is quite limited and I expect there's only a matter of time until this gets a full media coverage.

According to this other than Ross Ulbricht being the founder of Silk Road otherwise known as the 'dark market' and in jail there's yet no other link to him and the possibility that this might have been his wallet.
What would be prudent right now is to watch the market for a dump Undecided

arwin100

hero member

Activity: 2632

Merit: 787

Jack of all trades 💯

Quote from: fiulpro on November 04, 2020, 03:39:19 AM

- If you do have more than a certain amount you have to buy a good hardware wallet and make sure to avoid the third party sites.

Not your keys , not your wallet
We have heard this like millions of times !
But implementation : 0

At the end of the day blockchain is just another technology, now this goes without saying that we might have someone who will soon find the flaws , but as I see here it was the fault of the wallet and the owner alike.

Yes many read those reminder but unfortunate not every can deal with the hassle for transferring on different wallets that's why many choose to use a less secured wallet since many think that they cannot be compromised since they are aware with different scamming and hacking schemes around.

But since this issue exist the best thing we can do is to be careful and not to put any huge amount that we can't afford to lose on any wallet whether they are trusted or not.

fiulpro

hero member

Activity: 1890

Merit: 831

Whenever I hear about the hacked news , most of the times as it turns out it's the problem with the safety measures taken by the person who has been using them. If he did have that much money , couldn't he would have invested in a good hardware wallet ?

- If you do have more than a certain amount you have to buy a good hardware wallet and make sure to avoid the third party sites.

Not your keys , not your wallet
We have heard this like millions of times !
But implementation : 0

At the end of the day blockchain is just another technology, now this goes without saying that we might have someone who will soon find the flaws , but as I see here it was the fault of the wallet and the owner alike.

lovesmayfamilis

legendary

Activity: 2072

Merit: 4265

✿♥‿♥✿

They write that this wallet was passed between hackers for about two years.
Here's a tweet message. https://twitter.com/UnderTheBreach/status/1303316723186139136?s=20
And there are also suggestions that the owner is Ross Ulbricht.
From the same wallet, they write that Bitcoin Cash was withdrawn https://www.blockchain.com/bch/address/1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx

FinneysTrueVision

sr. member

Activity: 1680

Merit: 379

Top Crypto Casino

It's possible that the person who owns the wallet is moving the funds to protect himself from the hackers. They have not tried to mix the Bitcoin which would be a clear sign that a hacker was behind the transfer. We will have to wait and see where the BTC moves from here to have a better idea of what the reason was for moving such a large amount of coins.

cryptomaniac_xxx

hero member

Activity: 1344

Merit: 540

Weird that it is one of the wallet being sold here: wallet.dat 13+ = 25$.

But we're not sure if this wallet has been really cracked by someone though, and I don't think it has something to do with the US presidential elections though. As of this time, it is not clear, no one is coming forward to claim that he indeed break it, or the owner just move it.

hd49728

legendary

Activity: 2044

Merit: 1018

Not your keys, not your coins!

This part is from the article on Vice. Too much lucky when cracks it or the real owner of that wallet played around. If it is a wallet in last 3 or 4 years, the wallet with more than 69000 bitcoin, wallet passphrase could be a strong one and impossible to crack (as Vice article). Although it is a very old wallet I still think the original owner did not set a too weak password.

Quote

"I think it's a hell of a longshot. It'd have to be a fairly weak password to be cold cracked. Or someone getting really, really lucky," Jeremi Gosney, the founder and CEO of Terahash, told Motherboard in an online chat. "I certainly would not waste any resources on it."

Bttzed03

legendary

Activity: 2114

Merit: 1150

https://bitcoincleanup.com/

Quote from: Darker45 on November 03, 2020, 10:31:54 PM

~
I don't think this is related to the elections. If it were, I think it should have been done much earlier, before the election day comes. Would the funds still change the potential result at this minute?

@2double0 probably isn't referring to affecting the election results but the fact that people's attention would be there and the moving of $1 billion worth of BTC would go unnoticed (or less noticed). If this was done on a regular slow news day, people would have dumped by now.

Bloomberg already published it - Bitcoin Haul of $1 Billion on Move, Possibly With Silk Road Tie

To those who are looking for the Vice article in the OP (wallet sold in the darmarket) - Hackers Are Trying To Break Into This Bitcoin Wallet Holding $690 Million

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

Quote from: AmoreJaz on November 03, 2020, 06:52:46 PM

thats interesting! this is the reason why we dont need to store our coins in third party wallets. if they are already moving the funds, owners should have noticed it by now. and definitely these hackers will be using mixers before the news explodes

Don't be too hasty to take a position on this. What makes you conclude it was a hack and that it wasn't the owner moving the funds? Again, the wallet could even be an exchange wallet and the exchange moved it to a more secured wallet. We all should wait until news emanating from such activity hits the media officially from more reputable sources before we draw conclusions. If that truly is a hack, then we obviously will experience a massive dump in days to come. Until then, my fingers are crossed.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: 2double0 on November 03, 2020, 06:47:51 PM

One of the top 10 btc wallets hacked

why do you think there is a hack involved?
all you provided were a bunch of transaction IDs from the blockchain showing that some coins moved from one place to another and the guesswork you read on some telegram group!

where is the real owner? where is the proof of that? where is the proof that this was sold on dark market and was real not just some fake file containing malware like they always do? where is the proof that this was actually cracked? and what kind of weak ass encryption was it using that it got cracked?

Darker45

legendary

Activity: 2576

Merit: 1860

We can speculate a lot from this. But for now what happened was just a movement or a transfer right? And not on an exchange where it could possibly be dumped.

I don't think this is related to the elections. If it were, I think it should have been done much earlier, before the election day comes. Would the funds still change the potential result at this minute?

Will wait for updates on this. For now, there seems to be nothing much to worry but, as you've said, open positions should be maintained.

Yogee

sr. member

Activity: 1554

Merit: 413

Was the 1 BTC just a test transfer? I'm just asking out of curiosity.

Hmmmm there are other wallets involved sending to the latest address holding 69K BTC. I don't know if the purpose is to confuse anyone who is trying to investigate or make them believe it's just another "regular" wallet.

Quote from: Kemarit on November 03, 2020, 09:15:28 PM

....I still have my doubts that it was cracked or brute forced, as there are not enough computing power up to this time for breaking it.

Same thought here but I'm still interested where this story is going to end up.

Quote from: 2double0 on November 03, 2020, 08:01:29 PM

Quote from: TravelMug on November 03, 2020, 07:47:18 PM

The price though is being pumped right now, closing in to $14k.

Watch out, let the news come out. It is not even published officially and you see the price, it looks like a double top is being made on the charts.

You said it yourself that the only way these bitcoins could be disposed of is OTC. Deals over there doesn't affect exchange prices right? I would expect a drop if the news says 69K BTC moved to exchange ABC but who knows how speculators would take this once it's out in the open. It also depends on how the news writers spins it.

manfredmann

member

Activity: 518

Merit: 21

Even the blockchain itself was being attack so meaning it is possible for tha hacker to attack. However, that may ne a difficult task because every platform had increase their security level.to avoid getting breached of their system. Still there is a slight percentage that hackers could still make their way to access even to the most secured platform.

Topic: One of the top 10 btc wallets hacked? - page 2. (Read 699 times)