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Contents
<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h224">Ill-gotten coins</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h340">Mysterious whales</a></li></ul>
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Casa CTO <a rel="nofollow" target="_blank" href="#/news/bitcoin-developer-james-lopp-has-a-warning-for-trezor-wallet-owners-after-one-users-alleged">Jameson Lopp</a> has noticed a tidbit in the most recent <a rel="nofollow" target="_blank" href="https://coinmetrics.substack.com/p/coin-metrics-state-of-the-network-d2e">CoinMetrics report</a>. It appears that the sixth richest Bitcoin address holds 79,956 BTC (approximately $650 mln at today's prices) that was stolen from the now-defunct Mt. Gox exchange.
<blockquote class="twitter-tweet">
The 6th richest bitcoin address holds $650M worth of BTC that were stolen from MTGOX in 2011 but never moved after that. H/T <a rel="nofollow" target="_blank" href="https://twitter.com/coinmetrics?ref_src=twsrc%5Etfw">@coinmetrics</a> <a rel="nofollow" target="_blank" href="https://t.co/a6ULlz11pw">https://t.co/a6ULlz11pw</a><a rel="nofollow" target="_blank" href="https://t.co/m4e8eW1GvS">https://t.co/m4e8eW1GvS</a> <a rel="nofollow" target="_blank" href="https://t.co/gqHFcqBiGL">pic.twitter.com/gqHFcqBiGL</a>
— Jameson Lopp (@lopp) <a rel="nofollow" target="_blank" href="https://twitter.com/lopp/status/1196794848852037632?ref_src=twsrc%5Etfw">November 19, 2019</a></blockquote>
<a rel="nofollow" target="_blank" href="#">card</a>
Ill-gotten coins
Notably, these coins have been touched since 2011 (the year they were stolen). It was either a very disciplined holder or someone who lost access to their private keys. CoinMetrics states that the latter is the most likely reason behind this eight-year silence.
One of the biggest security breaches in the history of crypto occurred on June 19, 2011. The hacker was able to artificially tank <a rel="nofollow" target="_blank" href="#">the Bitcoin price</a> to just $0.01 by creating a mammoth-size ask order.
<a href="https://u.today/bitcoin-whale-alert-reports-214-mln-in-btc-moved-between-unknown-wallets">card</a>
Mysterious whales
It might be one of the richest addresses considering that the fattest Bitcoin wallets actually belong to cryptocurrency exchanges that use them as a cold storage.
As reported by U.Today, there are plenty of the so-called <a href="https://u.today/top-10-richest-bitcoin-addresses-heres-everything-that-we-know-about-their-owners">"zombie addresses," </a>which haven't seen a single transaction in more than 18 months.
One <a rel="nofollow" target="_blank" href="https://www.blockchain.com/btc/address/1KAt6STtisWMMVo5XGdos9P7DBNNsFfjx7">enormous Bitcoin wallet</a> is believed to be in the hands of an anonymous Asian billionaire.
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twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
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twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
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Contents
<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h224">Ill-gotten coins</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h340">Mysterious whales</a></li></ul>
Advertisement
Casa CTO <a rel="nofollow" target="_blank" href="#/news/bitcoin-developer-james-lopp-has-a-warning-for-trezor-wallet-owners-after-one-users-alleged">Jameson Lopp</a> has noticed a tidbit in the most recent <a rel="nofollow" target="_blank" href="https://coinmetrics.substack.com/p/coin-metrics-state-of-the-network-d2e">CoinMetrics report</a>. It appears that the sixth richest Bitcoin address holds 79,956 BTC (approximately $650 mln at today's prices) that was stolen from the now-defunct Mt. Gox exchange.
<blockquote class="twitter-tweet">
The 6th richest bitcoin address holds $650M worth of BTC that were stolen from MTGOX in 2011 but never moved after that. H/T <a rel="nofollow" target="_blank" href="https://twitter.com/coinmetrics?ref_src=twsrc%5Etfw">@coinmetrics</a> <a rel="nofollow" target="_blank" href="https://t.co/a6ULlz11pw">https://t.co/a6ULlz11pw</a><a rel="nofollow" target="_blank" href="https://t.co/m4e8eW1GvS">https://t.co/m4e8eW1GvS</a> <a rel="nofollow" target="_blank" href="https://t.co/gqHFcqBiGL">pic.twitter.com/gqHFcqBiGL</a>
— Jameson Lopp (@lopp) <a rel="nofollow" target="_blank" href="https://twitter.com/lopp/status/1196794848852037632?ref_src=twsrc%5Etfw">November 19, 2019</a></blockquote>
<a rel="nofollow" target="_blank" href="#">card</a>
Ill-gotten coins
Notably, these coins have been touched since 2011 (the year they were stolen). It was either a very disciplined holder or someone who lost access to their private keys. CoinMetrics states that the latter is the most likely reason behind this eight-year silence.
One of the biggest security breaches in the history of crypto occurred on June 19, 2011. The hacker was able to artificially tank <a rel="nofollow" target="_blank" href="#">the Bitcoin price</a> to just $0.01 by creating a mammoth-size ask order.
<a href="https://u.today/bitcoin-whale-alert-reports-214-mln-in-btc-moved-between-unknown-wallets">card</a>
Mysterious whales
It might be one of the richest addresses considering that the fattest Bitcoin wallets actually belong to cryptocurrency exchanges that use them as a cold storage.
As reported by U.Today, there are plenty of the so-called <a href="https://u.today/top-10-richest-bitcoin-addresses-heres-everything-that-we-know-about-their-owners">"zombie addresses," </a>which haven't seen a single transaction in more than 18 months.
One <a rel="nofollow" target="_blank" href="https://www.blockchain.com/btc/address/1KAt6STtisWMMVo5XGdos9P7DBNNsFfjx7">enormous Bitcoin wallet</a> is believed to be in the hands of an anonymous Asian billionaire.
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Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
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Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
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Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
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__TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
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twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
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Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
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Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
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Tomiwabold Olajide
Godfrey Benjamin
