The $700 Million Wallet Crack: Bitcoin’s 7th Largest Address Is Under Constant Attack

The $700 Million Wallet Crack: Bitcoin’s 7th Largest Address Is Under Constant Attack


During the last two years, hackers have been trying to crack the seventh-largest bitcoin wallet, an address that holds 69,370 BTC or $712 million using today’s exchange rate. According to the CTO of the cybercrime intelligence firm, Hudson Rock, the wallet is being publicized on hacking forums in order to crack the password.

Wallets with a massive amount of bitcoin (BTC) are listed on bitinfocharts.com in a list called the “Bitcoin Rich List.” During the last ten years, crypto proponents have scrutinized this list in order to figure out the owners or record significant transfers.

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According to a report published by Vice, the seventh richest BTC address is a target for hackers, as an ostensible wallet.dat file has been passed around hacker forums for 12 to even 24 months. On Twitter, Alon Gal, the Chief Technology Officer of cybercrime firm Hudson Rock explained the situation.

“Get this,” Gal tweeted. “There is a

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