"Blockchain Bandit" is the alias assigned to a hacker who has been stealing Ethereum (ETH) cryptocurrency since 2019 by guessing weak or predictable private keys. Using this method, he gained access to numerous wallets and stole significant amounts of ETH. #ETH
In January 2025, it became known that this attacker, after a long period of inactivity, had reactivated and transferred about $100 million in ETH $ETH to new addresses.
This case highlights the importance of using reliable methods for generating private keys and adhering to security measures when dealing with cryptocurrencies. Using weak or predictable keys makes wallets vulnerable to attacks similar to those of the "Blockchain Bandit."
It is recommended to use trusted key generators and store them in secure places to protect your digital assets from such threats.
