🧵Massive BTC Hack Uncovered: LuBian Mining Pool Lost $14.5B

🔍Arkham Intelligence revealed that LuBian, once Bitcoin's 6th largest mining pool, lost 127,426 BTC (~$14.5B today) in a massive hack from Dec 2020—the largest crypto theft at that time.

🚨Over 90% of LuBian’s BTC reserves vanished, forcing the pool to shut down by Feb 2021. Another $6M in BTC & USDT was also stolen from their Omni-layer wallets the next day.

⚙️Arkham suspects flaws in LuBian’s private key generation caused the breach. Only 11,886 BTC (~$1.35B today) survived.

#Bitcoin #Crypto #BTC #LuBian #Web3News