Recently, the analytical company Arkham revealed a shocking fact: in December 2020, the Chinese mining pool LuBian suffered the largest hack in cryptocurrency history. 127,426 $BTC were stolen, valued at $3.5 billion at that time. At the current exchange rate, these assets amount to $14.5 billion. LuBian, which was among the top 6 mining pools with nearly 6% of the network's hash rate, did not report the incident, making this case unprecedented.

Researchers believe that the breach occurred due to a vulnerability in the generation of private keys, which allowed hackers to access wallets. Despite the scale of the incident, the pool operators concealed it, raising questions about transparency in the crypto industry. Some of the stolen BTC subsequently moved through dark pools, complicating their traceability.

This news has sparked a wave of concern among investors and emphasized the need to strengthen the security of mining infrastructure. Experts are calling for thorough audits and the implementation of modern protective mechanisms. Stay updated on the crypto market and join #MiningUpdates for the latest information!

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