Hackers crack a $15,000,000 Bitcoin wallet, YOINK? #Shorts

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khaleel.ahmed
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#Shorts
Hackers cracked a $15,000,000 Bitcoin wallet with a 69 character password in 2015 and did not steal the money. The wallet used a method called a Brainwallet that creates the private key from a password or phrase. The victim, unfortunately, used a semi-common phrase, "How much wood could a woodchuck chuck if a woodchuck could chuck wood" to store their 250 Bitcoin. The hackers could have stolen the money, but they didn't. They wanted to help the owner but had no way to inform them the wallet was at risk. Until our hackers came up with an idea, they generated their own vanity wallet address, that's a wallet where you can have a short word at the beginning. They used the word, YOINK and transferred a small amount of bitcoin out and back in. The owner saw their transaction, freaked out, checked the address where their money went, and saw the word YOINK, then promptly moved his money to a safer place. A 15 million dollar mistake where hackers saved the day. Subscribe and hack on.

Full video of the hack and breakdown: https://www.youtube.com/watch?v=foil0hzl4Pg

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Crypto Wallets
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