Hackers have set their eyes on the seventh most valuable bitcoin wallet in the world. It has over 700 million dollars
It holds BTC 69,370 (USD 714m), per BitInfoCharts data. But its owner may be alarmed to learn that hackers have started to pass around the wallet’s address on forums, as competition hots up for the valuable bounty therein.
The address of the account is 1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx, According to cyber experts, it has become the most targeted account in hackers forum and the competition to hack begins.
Alon Gal, Chief Technology Officer at cyber intelligence company Hudson Rock” said
“Stealing bitcoin wallets from victims worldwide is a common goal among cybercriminals. Wallets tend to be protected by strong passwords and in the event that a cybercriminal manages to obtain a wallet and cannot crack the password he might sell it to opportunistic hash crackers who are individuals with a large amount of graphics processing unit (GPU) power.”
According to Alon Gal, there is a chance that the bitcoin wallet is empty. This said, it could also be possible that the wallet does not hold millions worth of crypto after all. Instead, experts claim that there is a chance it was altered to make it look as though it has the 1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx address.
It's possible to doctor a bitcoin wallet.dat file to make it seem like it contains a high balance,”
A cyber expert said
“The wallet file contains pairs of public keys and encrypted private key of the addresses it controls. So one could modify the file in a binary editor and change the public key of one of the address pairs to that of a high-value BTC address.”
In November 2019, crypto research and analysis provider Coin Metrics released a study, which alleged that as of block 600,000 on the Bitcoin blockchain around BTC 1.5 million was lost.
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