Recently, the blockchain data analysis platform Arkham Intelligence exposed a major incident that shocked the crypto assets community. The Chinese Bitcoin Mining Pool LuBian, which rapidly rose in 2020, actually suffered a severe hacker attack as early as December 2020. This attack resulted in the theft of up to 127,426 Bitcoins, which was valued at about $3.5 billion at the time, and at today's market price, it is close to $14.5 billion.

This incident is likely one of the largest hacker breaches in the history of Crypto Assets. In comparison, although the Mt. Gox exchange lost 744,000 Bitcoins, the overall loss amount was only a few hundred million dollars due to the lower Bitcoin price at that time.

Even more surprisingly, this massive Bitcoin theft case has not been publicly reported or revealed in the five years since it occurred. It is like a shipwreck sunk in the ocean of Blockchain, only to be rediscovered today.

LuBian Mining Pool began operations in April 2020 and quickly grew to become the sixth largest Bitcoin Mining Pool in the world, claiming to be "the world's safest and most profitable mining pool." However, this glorious period lasted for less than a year. In February 2021, LuBian suddenly disappeared from the market, triggering numerous speculations within the industry.

This incident once again highlights the security challenges faced by the Crypto Assets industry. Although Blockchain technology itself is considered secure, various services and platforms surrounding its ecosystem still have vulnerabilities. For investors and industry participants, this case emphasizes the importance of remaining highly vigilant regarding security measures.

With the disclosure of this information, the industry may have a new understanding of the disappearance of LuBian. This may also trigger stricter scrutiny of similar mining pools and crypto assets service providers, prompting the entire industry to make more improvements in terms of security and transparency.