ChainBleedv0.1 · open intel
← back to feed·PRIVATE-KEY2015-02-17 · 11y ago
Incident · SLOWMIST

BTER

Wallet Stolen
Estimated loss
VERDICT —OUT OF SCOPE
Root cause is private-key / signer compromise — the on-chain contract behaved exactly as written. No pre-deployment source audit or bytecode review reaches the key-custody perimeter; this is operational-security territory (HSM/MPC hygiene, key rotation, hot-wallet isolation). Bytecode would show nothing wrong.
▰ METHOD
PRIVATE KEY
PRIVATE-KEY
Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

Forensic narrative

BTER announced that it lost 7,170 BTC (then worth $1.75 million). The company claims that BTC was stolen from a cold wallet. Attack method (per SlowMist): Wallet Stolen. Reported loss: 1,750,000 USD.

Primary source
https://www.securityweek.com/7170-btc-stolen-chinese-bitcoin-exchange-bter
Sourced from
slowmist
Technical record
chain
protocol
BTER
bug_class
private-key
date_occurred
2015-02-17
loss_usd
source_id
sm:bter::2015-02-17
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