Joe Grand, a prominent hardware hacker, has managed to gain access to a cryptocurrency wallet that contains $3 million worth of Bitcoin, The Wired
An encrypted file that was storing the wallet's RoboForm-generated password got corrupted, which prevented the holder from accessing his Bitcoin fortune that was initially acquired in 2013. Grand, who is known as"Kingpin" in the hacker community, gained popularity after appearing on"Prototype This!" back in 2008. He appeared on the show alongside other investors such as Terry Sandin and Doc North.
Cracking the RoboForm-generated password was more complicated since the European holder used a software wallet. Various cryptocurrency experts told him that it was impossible to retrieve the In order to hack this software wallet, Grand teamed up with his German friend in order to reverse engineer the exact version of RoboForm that was used for generating the lost password.
The holder now says that he was lucky to lose access to his wallet given that his Bitcoin has appreciated a lot over these years. Now, he is waiting for the cryptocurrency to hit six digits. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.