• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

RoboForm Vulnerability Unlocks $3 Million Bitcoin Wallet

user avatar

by Giorgi Kostiuk

2 years ago


The Tale of the Crypto Treasure

A mesmerizing narrative akin to a sci-fi blockbuster transpired surreptitiously within the realms of the cryptocurrency domain. Ethical hackers brazenly defied chronological norms to aid an individual in reclaiming his misplaced Bitcoin wallet, valued at an astounding nearly $3 million.

Unveiling the RoboForm Vulnerability

In the annals of 2013, an entity known as 'Michael' intricately crafted a Bitcoin wallet and crafted a robust 20-character password utilizing the renowned RoboForm software.

Regrettably, the ominous touch of fate befell the backup file, leading to its tragic corruption. Consequently, the 43.6 bitcoins ensconced within, presently valued at approximately $2.96 million, became beyond reach.

A decade later, esteemed ethical hackers Joe Grand and Bruno scripted a tale of unfathomable proportions as they managed to transcend the impossible: revival of this digital fortune through capitalizing on a long-forgotten vulnerability within RoboForm's password generation mechanism.

A Time-Warping Endeavor for a Cryptocurrency Coffer

Immersed in intensive examination, the specialists stumbled upon a startling revelation: RoboForm formerly associated each password with the precise date and moment of inception on the user's computer. A glaring flaw for a tool purported to engender wholly randomized keys, proving catastrophic for Michael's password hatched in 2013.

Flouting the ostensible dictates of time, Grand and Bruno embarked on a genuine digital saga. By painstakingly replicating the system clock from a decade ago, they meticulously reconstructed the original key, thereby unlocking the wallet housing the bitcoins.

Michael, the jubilant custodian, strategizes to vigilantly retain his bitcoins until they scale the remarkable pinnacle of $100,000 apiece. A daring gamble echoing the monumental exertions exerted to safeguard this digital asset.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Strategylinked Tickers Gain Attention as Bitcoin Holds Steady

chest

Jeff Walton highlights potential for STRC to hover near par as Bitcoin maintains its price range.

user avatarNguyen Van Long

Ondo Finance Obtains Regulatory Clearances in the US and EU.

chest

Ondo Finance has secured regulatory approvals to operate tokenized securities markets in the US and EU.

user avatarAisha Farooq

Ondo Finance Introduces Ondo Chain and Establishes Significant Partnerships.

chest

In 2025, Ondo Finance launched its new blockchain network, Ondo Chain, while securing regulatory approvals in both the United States and the European Union, forming significant partnerships with major financial institutions.

user avatarLuis Flores

Ondo Finance finalizes cross-chain deal with JP Morgan.

chest

Ondo Finance, in collaboration with Chainlink and JP Morgan, completed a cross-chain Delivery versus Payment transaction on Ondo Chain, marking JP Morgan's first settled deal on a public blockchain.

user avatarDiego Alvarez

ION Addresses Stability Issues in Latest Bulletin

chest

ION Addresses Stability Issues in Latest Bulletin

user avatarTenzin Dorje

ION Focuses on Tokenized Communities Development

chest

ION focuses on the development of Tokenized Communities to enhance user experience and system stability.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.