Wednesday, March 6, 2024
Business News

Bitcoin’s core developer Luke Dashjr lost almost his entire bitcoin holdings

In a shocking turn of events, Bitcoin’s core developer Luke Dashjr announced on Sunday that he has lost almost his entire bitcoin holdings in a hacking attack. Dashjr took to Twitter to share the news, stating that his PGP key had been compromised and that “at least many” of his bitcoins had been stolen. He also provided a link to a wallet where the stolen bitcoins, worth around $3.5 million at the time, had been sent.

This news comes as a major blow to the cryptocurrency community, as Dashjr is a well-respected and influential figure within the industry. He has been a core developer for Bitcoin since 2013 and is known for his contributions to the development and implementation of various protocols and protocols.

In his tweet, Dashjr begged for help and stated that “it’s basically all gone.” The extent of the hack and the exact number of stolen bitcoins is currently unclear, but it appears that the majority of Dashjr’s holdings have been taken.

The news of Dashjr’s hack has sent shockwaves through the cryptocurrency community, with many expressing their support and condolences on social media. Some have even offered to donate bitcoins to help him recover from the loss.

The hack is a reminder of the risks associated with holding and investing in cryptocurrencies, as even experienced and well-respected figures in the industry are not immune to attacks. It also highlights the importance of secure storage and handling of private keys, as the loss of these keys can result in the loss of access to one’s bitcoin holdings.

At this time, it is unclear how the hack was carried out and who is responsible. The incident is currently being investigated, and it remains to be seen what action will be taken to try and recover the stolen bitcoins.

In the meantime, Dashjr has appealed to the community for help in finding the perpetrators and recovering the stolen funds. “If anyone has any information on this attack or the thief, please let me know. I will do whatever it takes to get my bitcoins back,” he tweeted.

The loss of Dashjr’s bitcoins is a major blow not only for him personally, but for the entire cryptocurrency industry. It serves as a reminder of the need for vigilance and caution when it comes to the handling and storage of digital assets.