• 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

Zcash and Privacy Coins Experience a Regulatory Shift

chest

Zcash is gaining attention as institutional products emerge, signaling a change in the regulatory landscape for privacy-focused cryptocurrencies.

user avatarAyman Ben Youssef

Bitcoin's 17th Birthday Sparks Speculation for 2026 Bull Run

chest

As Bitcoin's 17th birthday approaches on January 3, 2026, traders are speculating whether this milestone could ignite a new bull run in the cryptocurrency market.

user avatarTando Nkube

KuCoin Launches Annual User Report Campaign for 2025

chest

KuCoin launches its annual user report campaign titled 'Unlocking My KuCoin Journey 2025', providing personalized insights into trading activities and encouraging users to reflect on their experiences.

user avatarNguyen Van Long

KuCoin Strengthens Security and Brand Identity in 2025

chest

In 2025, KuCoin introduced a refreshed brand identity, 'Trust First Trade Next', and made significant advancements in security, becoming the only major crypto exchange to hold all four internationally recognized certifications: ISO 27001, ISO 27701, SOC 2 Type II, and CCSS.

user avatarKofi Adjeman

Five New Crypto Tokens Listed on Centralized Exchanges Today

chest

Five new crypto tokens are being launched on centralized exchanges today, expanding the market and providing more options for investors.

user avatarSatoshi Nakamura

Trust Wallet Faces Security Breach Amidst Ongoing Crypto Threats

chest

Trust Wallet faces a significant security breach linked to a flaw in their browser extension, resulting in an estimated 7 million being stolen.

user avatarJesper Sørensen

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.