Saturday, April 13, 2024
HomeCyber Security BlogsGermany Government seize a digital wallet carrying $60 million bitcoins

Germany Government seize a digital wallet carrying $60 million bitcoins

Recently, the police officials of Germany have recently seized a digital wallet carrying $60 million in bitcoins. According to the officials all these bitcoins were acquired through illegal online activities. However, the officials were unable to unlock the wallet as the attacker did not reveal the password to the officials.

On investigation, the officials found out that all these bitcoins were not stolen from any particular person. Rather it was acquired by hacking computers, installing software on others’ computers to control the systems and other fraudulent illegal activities.

Bitcoin is basically a cryptocurrency that remains stored on software known as a digital wallet, and it has been secured through encryption. A password is used as a decryption key to open the wallet and to access the bitcoin. But in this case, as the attacker didn’t reveal the password, officials could only access 86 bitcoins that were not guarded by a password. However, even after making several efforts to crack the code , the government could not  manage to gain access to the remaining 1,700 bitcoins; but, the officials also asserted that the original owner would even not able to access them, either.




Please enter your comment!
Please enter your name here

Most Popular

Recent Comments

Izzi Казино онлайн казино казино x мобильді нұсқасы on Instagram and Facebook Video Download Made Easy with
Temporada 2022-2023 on CamPhish
2017 Grammy Outfits on Meesho Supplier Panel: Register Now!
React JS Training in Bangalore on Best Online Learning Platforms in India
DigiSec Technologies | Digital Marketing agency in Melbourne on Buy your favourite Mobile on EMI
亚洲A∨精品无码一区二区观看 on Restaurant Scheduling 101 For Better Business Performance

Write For Us