Thu, December 19

Bitcoin Core Developer Has Lost 200+ BTC in the Hack

Jyothsna

Published on Jan 2, 2023 at 10:36 AM Updated on Oct 30, 2023 at 4:21 PM

Luke Dashjr, a Bitcoin developer, lost about 200 BTC in the hack.
The developer claims he has no idea how hackers obtained access to his PGP key.

Luke Dashjr, a Bitcoin developer and one of the core developers, claimed his PGP (Pretty Good Privacy) key was hacked. This resulted in the theft of nearly almost 200+bitcoins on Dec 31. On January 1, he tweeted that the developer had stated that the hackers had gained access to his PGP key, a typical security technique that employs two keys to gain access to encrypted data.

In another thread, he disclosed a wallet address where some of the stolen BTC was sent but did not specify how much of his Bitcoin (BTC) was taken.

PSA: My PGP key is compromised, and at least many of my bitcoins stolen. I have no idea how. Help please. #Bitcoin
— @LukeDashjr@BitcoinHackers.org on Mastodon (@LukeDashjr) January 1, 2023

And the wallet address in the thread shows that there were four transactions on Dec. 31 between 2:08 and 2:16 that total 216.93329199BTC and are worth $36 Million at the current pricing. He also added that he had no idea how they obtained the key.

Comments on Developer Wallet Hack’s

Earlier on Nov 17, he announced on Twitter that his server had been hijacked by an unknown person and that a thorough analysis was underway. He also advised users in the recent tweet thread that he only discovered that hacking after receiving emails from Coinbase and Kraken regarding login attempts.

As the developer in the BTC community, his wallet has been hacked, and everyone is concerned about how to save the wallet, Binance CEO has reacted and tweeted.

CZ mentioned that to lose so much, and he also advised that if it comes their way, they will freeze, and he also indicates that if any support is required, let them know about it and deal with these issues frequently and have Law Enforcement (LE) relationships worldwide, he wrote.