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One of Bitcoin’s original core developers (Bitcoin), Luke Dashjr claims he lost basically all of his BTC as a result of a hack that occurred just before New Years.
In a January 1 Twitter post, the developer said the suspected hacker had access to his PGP (Pretty Good Privacy) key. PGP (Pretty Good Privacy) keys are a common security method that uses two keys to access encrypted information.
In a thread he said wallet address A portion of the stolen BTC has been sent, but the total amount of stolen BTC has not been disclosed.
PSA: PGP keys compromised and at least a lot of bitcoins stolen. I don’t know how. Help me. #bitcoin
Mastodon @LukeDashjr@BitcoinHackers.org (@LukeDashjr) January 1, 2023
At the time of this writing, the wallet address in question shows 4 transactions from 2:08 pm to 2:16 pm on December 31, totaling 216.93 BTC, worth 3.6 million at the current price. worth the dollar.
Dashjr said the attackers “didn’t know how” he got access to his keys, but some in the community pointed to a possible connection to an earlier Twitter post from Dashjr on Nov. 17. doing. Malware/backdoor on your system. ”
PSA: A stranger accessed my server this morning. A full analysis is in progress, but please note that the download was verified with PGP. #bitcoin
Mastodon @LukeDashjr@BitcoinHackers.org (@LukeDashjr) November 17, 2022
Dashjr told users in a recent Twitter thread that he became aware of the recent hack after receiving emails from Coinbase and Kraken regarding login attempts.
The incident caught the attention of Binance CEO Changpeng CZ Zhao, who expressed his condolences and support on January 1. director.
“Sorry for losing so much. I’ve notified our security team to keep an eye on them. I’ll freeze them when they come. If you have any other questions, feel free to contact us. We will address these frequently and help the world We are building relationships with Law Enforcement (LE) within, he wrote.
Some in the crypto community speculate that lax security may be the cause of the loss.
On Reddit on January 1st threadA user calling himself SatStandard suggested that Dashjr may not have taken the Nov. 17 security breach “seriously”, after which Bitcoin developers “did not separate the various activities. ‘ suggested.
“He had a hot wallet on the same computer he was doing everything else on. He seemed really complacent.”
Others, on the other hand, suggest it may not have been a hack. Suggesting that someone somehow stumbled upon his phrase, or was part of an unfortunate “boat accident” before tax season.
A boat accident in this context is reference Originally used by gun enthusiasts, running jokes and memes have been repurposed by the cryptocurrency community about people trying to avoid paying taxes by claiming they lost all their BTC in a tragic boating accident. I was.
A top tier boat accident.
Nate (@beeforbacon1) January 1, 2023
Cointelegraph reached out to Dashjr on Twitter for more information about the alleged hack, but did not receive a response by the time of publication.
Related: 10 Biggest Crypto Hacks and Exploits of 2022 Stolen $2.1 Billion
The news also ignited a debate about self-custody. FTX collapse last year.
Binances Zhao previously said, Warning to the crypto community Regarding self-management, he said:self management [has] A different set of risks. “
Udi Wertheimer, an online social media BTC influencer, also question “You shouldn’t be managing your own keys” comments whether self-management was a viable and secure option.
“If even one of Bitcoin’s OG developers screwed this up, I really don’t understand how others are expected to do it safely.”
“I’m not saying self-management is bad, but you shouldn’t manage your keys directly,” he said.
