Share this article
69,369 BTC just left a mysterious wallet that has long been the source of speculation in the community. At the time of transfer, the funds were worth $955 million.
The wallet address is the fourth-largest in the world and has seen no activity since April 2015. Adson Gal, CTO of cybercrime intelligence firm Hudson Rock, recently discovered that the address had been the center of a treasure hunt for over two years.
Gal posted on Twitter in September 2020, stating that hackers on the RaidForum were passing the wallet details between each other in an attempt to break into it. Speaking to Vice Motherboard, Terahash CEO Jeremi Gosney voiced his doubts that hackers would be able to access the funds.
“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,” said Gosney.
It’s unclear whether a hacker did eventually break into the wallet or whether the original owner made the transfer themselves. Regardless of who brought the dormant wallet out of hibernation, the major transfer is sure to make waves in the market as one of the largest dollar value Bitcoin transfers ever made.
Share this article
The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.
You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.
See full terms and conditions.
Source: Read Full Article