Unknown people stole over 200 BTC from a Bitcoin Core developer

kachanovafelica@newsletter.paragraph.com (kachanovafelica) — Mon, 09 Jan 2023 08:07:19 GMT

Bitcoin Core developer Luke Dash Jr. reported that his PGP key was compromised and he lost a large sum in the first cryptocurrency. Dash Jr. did not specify the amount of damage. In the track, he shared the purse address allegedly associated with the hack - as of this writing, it contains 216.9 BTC (more than $3.6 million at current exchange rates). Four transactions were made on December 31, 2022. According to the developer, he "has no idea" how attackers gained access to his key. When asked why he noticed the problem so late, Dash Jr. explained that he only noticed the hack after receiving emails from Coinbase and Kraken about login attempts.

Earlier, hardware wallet makers Ledger and Trezor recorded a significant increase in device sales amid the FTX crash. In December, the CEO of P2P bitcoin trading platform Paxful, Ray Yousef, spoke in favor of independent storage of the first cryptocurrency instead of centralized exchanges. Recall that the Web3 industry lost $391.6 million in November as a result of 29 exploits, including the Deribit hot wallet hack and FTX funds theft, according to PeckShield.