9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
On November 23 at 09:59 UTC, a “whale” transferred 55.77 bitcoin ($2.1 million) from his wallet to another cryptocurrency wallet. A commission is charged when you carry out
On November 23 at 09:59 UTC, a “whale” transferred 55.77 bitcoin ($2.1 million) from his wallet to another cryptocurrency wallet. A commission is charged when you carry out transactions (buy, sell, transfer) in the cryptocurrency markets, but in this case the cost of the transaction was staggering: User had to pay 83.56 BTC ($3.1 million) to complete.
The wallet address where the payment was made that day and three more Bitcoin transactions were made before this record fee occurred. The recipient address is also relatively new, dating back to October 16th.
The previous highest commission in history was $500,000, as reported on The Block. This incident occurred last September due to a mistake made by the service provider Paxos. F2Pool, the mining “cooperative” that facilitated the transaction, returned the transaction to Paxos.
Now whoever made this transaction and paid the $2.1 million commission claims to have been hacked. In a newly created account someone was running a script on that wallet and there was a strange commission calculation in the script…”.
This user then posted another message in which he showed the signature by which the commission was paid. Approved by MononautDeveloper of the Mempool platform to track the traceability of these operations.
The transaction was mined by the AntPool organization and therefore added to the bitcoin blockchain, but it is unclear whether AntPool will issue a refund, as it did with F2Pool for the record commission inadvertently incurred in September. A user named Niftydev indicates that the account was actually hacked.
According to Mononaut, the problem is your wallet created with low entropy, makes it vulnerable to cyber attacks. According to experts, the transaction was modified using a feature of the Bitcoin protocol that allows the sender to increase the fee for an unconfirmed transaction, thus allowing the network to process the transaction faster. “If this were a low-entropy wallet, multiple attackers could be competing to steal the money,” Mononaut said.
in Xataka | A man lost 230 million euros in an encrypted bitcoin USB key. Now you can take them back but you don’t want to
Source: Xataka
Jason Root is a blockchain enthusiast and author at Div Bracket. He provides comprehensive coverage of the latest developments in the world of blockchain, offering readers a unique perspective on the industry and its potential for revolutionizing various industries.
