For the past two years, hackers have tried to crack the seventh largest Bitcoin wallet, an address at 69,370 BTC, or $ 712 million at today’s exchange rate. According to the CTO of the cybercrime intelligence company Hudson Rock, the wallet will be published in hacking forums in order to crack the password.
Wallets with an enormous amount of Bitcoin (BTC) are listed on bitinfocharts.com in a list called the “Bitcoin Rich List”. For the past decade, crypto advocates have scrutinized this list to find out who owns it or to record significant transfers.
According to a report published by Vice, the seventh richest BTC address is a target for hackers as an alleged Wallet.dat file has been circulating on hacker forums for 12 to even 24 months. Alon Gal, chief technology officer at cybercrime firm Hudson Rock, explained the situation on Twitter.
“Get this,” Gal tweeted. “There is a Bitcoin wallet with 69,000 Bitcoins that is passed around between hackers / crackers for the past [two] Years to crack the password, no success so far. I have the wallet, Google will connect me to a quantum computer, “added the cybercrime intelligence expert.
The “Bitcoin Rich List” according to bitinfocharts.com data from September 11, 2020.
Following Gal’s tweet, he was inundated with a series of direct messages on Twitter asking for the wallet. Gal continued to write:
If there isn’t a really good reason for me to give you the wallet, you won’t regret being 40+ [direct messages].
News.Bitcoin.com also discovered that the Wallet.dat file was being sold on a number of websites such as Bitcointalk.org. The 69,000 BTC wallet file was also seen on Satoshidisk.com and All Private Keys. The All Private Keys website operates a market where individuals and groups can buy certain files in order to crack a range of public Bitcoin addresses.
A screenshot of the wallet.dat file that is sold on the Internet through a variety of websites such as Satoshidisk. This ad is selling the 69,304 BTC Wallet.dat file for $ 1,050 in Bitcoin. News.Bitcoin.com does not recommend obtaining these files as they could be malicious, they are likely fake, and the wallet with $ 712 million worth of BTC is someone else’s money.
The file sold on Satoshidisk.com costs 0.08929505 BTC, or $ 1,050 at today’s exchange rate. On Friday, 321 people viewed Satoshidisk.com’s list, which allegedly contained the Wallet.dat file.
Despite the various attempts to crack the wallet with BTC worth $ 712 million, no one has cracked it yet. In addition, Gal stated on Twitter that there may be a scheme that allows someone to “forge a wallet,” which means the address may really be empty.
“Somebody pointed out to me that there might be a method of counterfeiting wallets, although I don’t know if this is true or if it was applied to that particular wallet,” Gal tweeted. “There is a thriving market for unbroken wallet sales that I know some crackers have had undeniable success,” wrote Hudson Rock’s CTO.
Of course, many people were skeptical about the sale of so-called Wallet.dat files and the All Private Keys website. Some people assume that all websites are basically selling fake keys and Wallet.dat files in order to rate BTC.
“How can one know [the marketplace All Private Keys] isn’t it just a scam to trick people into sending them BTC and giving them empty wallets in return? ”asked one person on Gal’s Twitter thread.
News.Bitcoin.com does not recommend downloading or purchasing Wallet.dat files or alleged private keys as most of these ads are very likely to be fraudulent. If it’s too good to be true, it probably is.
What do you think of hackers trying to crack this wallet with 690,000 BTC? Let us know what you think of this topic in the comments below.
Tags in this story
All private keys, Alon Gal, Bitcoin Wallet, Bitcoin Wallet Crack, Bitcointalk.org, Brute Force, BTC, Crypto Assets, Cryptocurrency, Cyber Crime, Hackers, Hacking a Wallet, Hudson Rock, Marketplace, Satoshidisk.com, Wallet.dat File
Photo credit: Shutterstock, Pixabay, Wiki Commons, Satoshidisk, bitinfocharts.com
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