What is a bitcoin wallet?

A Bitcoin wallet is a place that stores your digital Bitcoin and validates your transactions when you’re using your Bitcoin. A wallet keeps secret information, called a private key or a seed, used to validate transactions and “sign” them so your Bitcoin can be used to make purchases or exchange for another asset.

Can a bitcoin wallet be hacked?

There's also a possibility the wallet may not actually hold the funds. Hackers have been pouring their time and resources to crack the password of a Bitcoin wallet holding 69,370 BTC (≈$690 million), according to news site Vice. The wallet is one of the top ten Bitcoin addressesin terms of total holdings—a veritable treasure chest.

Is there a wallet with 69,000 bitcoins?

Get this - there is a Bitcoin wallet with 69,000 Bitcoins ($693,207,618) that is being passed around between hackers/crackers for the past 2 years for the purpose of cracking the password, no success so far. I have the wallet, @Googlehook me up with a quantum computer please.

Is the wallet DAT file actually holding $690 million in Bitcoin?

Despite the fame, there are no guarantees that the particular wallet.dat file actually holds the $690 million in Bitcoin, even if someone ended up gaining access.