Technology

One keystroke and 34 million cryptos disappear

The most expensive copy-paste mistake in history.

Not a day goes by without millions of cryptocurrencies vanishing into thin air. Scams, hackers, lost passwords… The reasons may be different, but this time we have, perhaps, the most stupid one: tens of millions became inaccessible after a typo.

However, it all starts with an attempt to prove that cryptocurrency can be a reliable system. Since March 2022, the case has rocked one of Ethereum’s rival cryptocurrencies, Juno. We are talking about a “whale”, a user who owns a very large number of tokens, who is accused of manipulating the market in order to inflate his portfolio.

For the first time in cryptocurrency, Juno users took part in a vote to determine whether their tokens should be confiscated from that user, a Japanese man named Takumi Asano. In April, yes finally won the vote.

Andrea Di Michele, developer of Juno, explains to CNET that he sent the programmer a wallet address (a set of numbers and letters) where Takumi Asano’s $36 million (34 million euros) can be put, waiting for the community to decide what to do with it, as well as with his “hash code”, a digital fingerprint.

No luck: the character string generated by the cryptographic hash looks a lot like an address.

bad showcase

What should have happened happened, and the programmer in charge of the transfer accidentally copied and pasted the hash instead of the address, thus sending all the tokens to a wallet that does not belong to anyone. You can also always go and see the millions of dollars waiting wisely…

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