"Bitcoin Core Developer Loses $3.6M After Claimed Hack"

Luke Dashjr, one of bitcoin's core developers, stated in a series of tweets that he had lost his BTC holdings. Although the exact amount of stolen cryptocurrency is unknown, he disclosed an address where 217 BTC, or around $3.6 million at current values, had been moved. Dashjr revealed that an unidentified party had gained access to his Pretty Good Privacy (PGP) key, an encryption system that uses a public-private key pair to protect information. Since his keys were hacked, everything he had signed with them, including cryptocurrency wallets, could also have been compromised. PGP keys are often used to encrypt messages between a sender and a recipient, as well as sign software to show that it has not been tampered with. Although he claimed not to know how the attacker gained access to his keys, the community suspects that one of his servers may have been infected with malware. Dashjr also urged Bitcoin Knots wallet users to double-check their installation, since it may be using his compromised PGP keys. He warned that the current Knots download could not be relied upon until the matter is resolved. He noted that Bitcoin Core was secure since it was signed by a different entity. Dashjr suggests that an attacker may insert malware or malicious code into Bitcoin Knots and conceal the activity by signing it with his compromised PGP key. This would make it appear as though he had complied and prepared the code, and that the download was legitimate. This article continues to discuss a bitcoin core developer losing millions of dollars in BTC due to hacking. 

SiliconANGLE reports "Bitcoin Core Developer Loses $3.6M After Claimed Hack"