A Bitcoin developer loses all of his commissions
Developer and lead developer of Bitcoin OG “Luke Dashjr” said he had his PGP key hacked, resulting in almost all of his bitcoins being stolen on December 31. Locke, one of the main original developers of Bitcoin, claimed that he lost all of his bitcoins to the hack that happened just before New Years.
What happened?
"The suspected hackers somehow gained access to a PGP (Privacy Good) key, a popular security method that uses two keys to access digital information," the developer said. The developer shared the wallet address where some of the stolen bitcoins were sent, but did not disclose the total amount stolen. The address shows four transactions totaling 216.93 BTC, worth $3.6 million at current prices. unclear how Locke said he had "no idea how" hackers gained access to his key, although some in the crypto community pointed to a possible connection to a previous Twitter post from Locke that indicated that its server had been compromised by malware/backdoors on the system.
PSA: My server was accessed this morning by an unknown person. Full analysis in progress, but take extra care that you PGP-verified any downloads. #Bitcoin
— @LukeDashjr@BitcoinHackers.org on Mastodon (@LukeDashjr) November 17, 2022
Binance is monitoring the situation
The incident also caught the attention of Binance CEO Changpeng (CZ), who immediately offered Locke his support. "Sorry to see you lose so much, I informed our security team to monitor. If the hacker is discovered, we will freeze his account," Zhang said. "If there's anything else we can help you with, please let us know," CZ continued. "We often deal with these issues and have relationships with law enforcement (LE) around the world."
The debate is back
The recent incident has sparked controversy among cryptocurrency traders, especially after the collapse of FTX, as the hacking of the wallet of one of Bitcoin's original developers has brought the currently weak security conditions back to the fore. . “It is sad to see that even a Bitcoin developer lost over 200 BTC ($3.5 million), noting that self-protection comes with a different set of risks,” the Binance chief said.