• 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

Rare Bitcoin vs Gold Signal Suggests Possible Market Rotation

chest

A significant RSI drop for Bitcoin suggests a potential rotation in the market.

user avatarGustavo Mendoza

Ethereum Fund Shows Signs of Recovery as Institutional Demand Stabilizes

chest

Ethereum fund positioning shows early signs of improvement as institutional demand stabilizes after recent volatility.

user avatarMaria Fernandez

Cathie Woods ARK Invest Makes $60M Bet on Crypto Stocks

chest

Cathie Woods' ARK Invest has made a significant purchase of nearly $60 million in crypto stocks during a market selloff, demonstrating long-term conviction in the sector.

user avatarKenji Takahashi

Bitcoin Faces Selling Pressure as Investors Rotate into Ethereum

chest

Bitcoin is facing renewed selling pressure as prominent investors cut exposure, while whales accumulate Ethereum.

user avatarDiego Alvarez

MIR M Set to Launch in China in January 2026

chest

WEMADE has announced that its MMORPG, MIR M, will launch in China in January 2026, fully localized for the market.

user avatarRajesh Kumar

KuCoin Brand Film Wins Multiple Awards at 2025 Vega Awards

chest

The KuCoin Brand Film, produced by Casual Films and featuring Adam Scott, has won multiple awards at the 2025 Vega Digital Awards, highlighting its originality and cinematic execution.

user avatarMiguel Rodriguez

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.