Long-time Bitcoin developer Luke Dashjr said his crypto wallet was hacked due to a flaw in Pretty Good Privacy, a cryptographic encryption software popularly known as PGP.
An incident that is getting a lot of attention in the crypto ecosystem
Luke Dashjr’s wallet shows multiple outgoing transactions as of December 31st totaling over 200 BTC, equivalent to a loss of nearly $3.3 million at the time of writing. article. In this regard, the developer announced in a message published on Twitter on January 1:
My PGP key was hacked, and the majority of my BTCs were stolen.
Luke Dashjr adds that he does not know how this unfortunate event could have occurred and did not give any additional information on how the hackers gained access to his PGP key.
As a reminder, Pretty Good Privacy offers its users the possibility of encrypting and decrypting data stored on a server, in order to protect them from unauthorized access. Note that the keys generated by PGP can be used to verify a specific element within a group of data, such as the validity of a download for example.
Although the exact cause of this attack has not yet been confirmed, many people believe that the private keys to Luke Dashjr’s Bitcoin wallet were recovered after one of his servers was hacked. This is due to a previous message from Dashjr posted on Twitter on November 17 in which the developer explains that an unknown individual had visited his server.
Gustavo Gonzalez, developer for OpenZeppelin, said in response:
The hack is still fairly new, so there’s no certainty yet about what may have happened, apart from compromised PGP keys and speculation that private keys may have been stolen in a previous hack. waiter.
In addition, the now famous director of Binance, Changpeng Zhao, has announcement that its teams were carrying out surveillance work and in the event that the stolen funds would end up on the platform, they would be instantly blocked.
This incident has garnered a lot of attention within the crypto ecosystem, due to the very nature of Luke Dashjr and his status as a historic Bitcoin developer. Moreover, the news could even have negative consequences for the price of Bitcoin in the near future according to some experts. The question of the security of crypto-assets being particularly important, especially in the current context where the market is struggling to recover from the fall of the FTX platform.