- LuBian’s weak encryption gave a hacker complete access to 127,000 Bitcoins without alert
- A gaming PC and time were all the hacker needed to breach crypto’s “safest” platform
- Over 5,000 wallets compromised and no alarms triggered as billions silently vanished
What began as a silent infiltration into one of the world’s largest cryptocurrency mining pools has now been confirmed as the biggest crypto theft in history.
The LuBian mining pool, once a dominant force in the Bitcoin network, quietly lost over 127,000 Bitcoins in 2020.
The breach was only uncovered in 2025 by Arkham Intelligence, revealing a staggering $14.5 billion worth of stolen assets that had remained untouched and undetected for half a decade.
