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Gungun Bhatia
Jan 2, 2023

Bitcoin Core Developer Alleges to Have Lost Over 200 Bitcoin in Hack

Bitcoin Hack
Luke Dashjr, one of the original founding creators of Bitcoin and also a Bitcoin Core Developer, claimed that a hack that happened right before the new year cost him essentially all of his BTC.

Bitcoin Core Developer Suffers Bitcoin Hack

The developer claimed in a tweet on January 1 that the suspected hackers had acquired access to his PGP (Pretty Good Privacy) key, a popular security technique that employs two keys to access encrypted data. He did not disclose the complete amount of his stolen Bitcoins in the conversation, but he did give a wallet address where part of them had been sent.

CZ Binance Expresses Concerns Over Breach

Changpeng "CZ" Zhao, CEO of Binance, also took notice of the tragedy and expressed his sympathy and support in a post on January 1. In a Reddit discussion from January 1, a user going by the name SatStandard said that Dashjr might not have taken the security flaw of November 17 extremely sufficient and subsequently claimed that the Bitcoin developer did not maintain distinct operations isolated. The PC he used for everything else included Hot Wallet. He seemed to have been quite smug.

Others, though, seem to imply that it wasn't a breach at all and that the seed word was either accidentally discovered or involved in a "boating mishap" just in time for tax season.

Bitcoin Core Developer Alleges to Have Lost Over 200 Bitcoin in Hack
Gungun is an enthusiastic writer that likes to create content for various aspects of the blockchain and crypto industry. She carries out extensive research and provides readers with informative and high-quality material.

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