We just read about one of the largets crypto hack and a lot of people do not know about it, 127,426 $BTC was stolen, according to Arkham
LuBian was a Chinese mining pool with facilities in China & Iran. Based on analysis of on-chain data, it appears that 127,426 BTC was stolen from LuBian in December 2020, worth $3.5 billion at the time and now worth approximately $14.5 billion.
Neither LuBian nor the hacker have publicly acknowledged the hack. Arkham is the first to report it.
LuBian was one of the world’s largest mining pools in 2020, controlling almost 6% of the Bitcoin network’s total hash-rate as of May 2020.
They appear to have been first hacked on December 28th, 2020 for over 90% of their $BTC Subsequently, on December 29th, around $6M of additional BTC & USDT was stolen from a Lubian address active on Bitcoin Omni layer.