• 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

Influence of Key Players in the DePIN Market

chest

The report discusses key players in the DePIN sector and their influence on market dynamics and financial implications.

user avatarZainab Kamara

Top DePIN Projects of 2025 Highlighted by KuCoin

chest

KuCoin's Insight team highlights leading DePIN projects of 2025, expected to influence market structures and attract investment.

user avatarJacob Williams

China's Cryptocurrency Market Shows Signs of Retreat

chest

Traders in China are retreating from the cryptocurrency market as stablecoins trade below parity against the local currency.

user avatarSon Min-ho

Bitcoin Addresses Holding Over 0.1 BTC Decline for the First Time Since 2009

chest

The number of Bitcoin addresses holding more than 0.1 BTC has declined by 2.3% for the first time since 2009, reflecting changes in investor behavior and infrastructure.

user avatarAyman Ben Youssef

Volatility Indicators Suggest Bitcoin Has Not Yet Hit Bottom

chest

Current volatility fractals indicate that Bitcoin is not at its bottom yet, suggesting further accumulation and potential rallying environments.

user avatarAisha Farooq

Increased Whale Activity Influences Solana Market Dynamics

chest

Increased whale activity has led to over 600,000 SOL being transferred to exchanges, affecting market sentiment and resistance levels.

user avatarTando Nkube

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.