Discussion

• @mhoye@mastodon.social @mhoye@mastodon.social on mastodon

  Look, if a core Bitcoin developer can get their whole wallet emptied out unrecoverably on them, and that developer's immediate reflex is to start calling a centralized authority for help, it's time to stop pretending this entire cryptocurrency exercise is ever going to work. …

• @lukedashjr @lukedashjr on x

  PSA: My PGP key is compromised, and at least many of my bitcoins stolen. I have no idea how. Help please. #Bitcoin

• @cz_binance @cz_binance on x

  @LukeDashjr Sorry to see you lose so much. Informed our security team to monitor. If it comes our way, we will freeze it. If there is anything else we can help with, please let us know. We deal with these often, and have Law Enforcement (LE) relationships worldwide.

• @elidourado Eli Dourado on x

  Bad way to start 2023: realize that you had $3.5M in Bitcoin stolen from you yesterday. If a Bitcoin developer can't safely store his own keys, normal people can't either. We are very far from scaling self-custody in crypto. https://twitter.com/...

• @lukedashjr @lukedashjr on x

  Nevermind many. It's basically all gone

• @jbarro Josh Barro on x

  I have an idea: stock mutual funds, government bonds, and FDIC-insured deposit accounts https://twitter.com/...

• @mattyglesias Matthew Yglesias on x

  Once an identity thief stole a bunch of money out of my bank account, but then I got all the money back thanks to the beneficence of the state and a regulated banking system. https://www.slowboring.com/... https://twitter.com/...

• @cz_binance @cz_binance on x

  Sad to see even an OG #Bitcoin Core Developer lost 200+ BTC ($3.5 million). Self custody have a different set of risks. We will try to monitor and see where we can help. 🙏 https://twitter.com/...

• @lukedashjr @lukedashjr on x

  What the heck @FBI @ic3 why can't I reach anyone???

• @jeffnolan Jeff Nolan on x

  Custodians can't be trusted and self-custody comes with its own set of security risks. Great job, #Crypto https://twitter.com/...

• @nunchuk_io @nunchuk_io on x

  > Self custody have a different set of risks Self custody and financial sovereignty are the ENTIRE point of this movement. Ten years from now it will be as easy and as second-natured as having an email address. If you don't get this, you have no business here. You're Fiat 2.0. ht…

• @milesdeutscher Miles Deutscher on x

  If an OG core #Bitcoin dev failing to manage his own private keys doesn't tell you that the private key is the biggest pain point in crypto - I don't know what will. This needs to be solved for mass crypto adoption. And there'll be a big prize waiting for whoever does.

• @cercatrova_21 @cercatrova_21 on x

  Ok my theory: Maybe luke used LastPass, which was hacked the other day. If he stored seeds, PGP private keys etc. there and the hackers managed to brute force the LastPass file, it is clear. Be careful where you store things! (Just my thoughts, nothing is confirmed yet!) https://…

• @davidgerard @davidgerard on x

  cryptocurrency has never advanced beyond the wires-on-a-lab-bench prototype stage https://davidgerard.co.uk/... this is why real finance runs on centralised trusted custodians ofc in crypto you can't trust those either https://twitter.com/...

• @jeetsidhu_ Jeet on x

  Luke materially shifted human civilization with his open source contributions to Bitcoin. Before dunking on Luke, post your GitHub. https://twitter.com/...

• @nbougalis @nbougalis on x

  This is sad to hear but, unfortunately, this kind of thing is not an uncommon story: secure key management is very difficult to do right for people with experience and training; it's nigh impossible for everyone else. This is something the industry as a whole needs to do better. …

• @ricburton Ric Burton on x

  If a Bitcoin hacker can get hacked What hope is there for the rest of us? https://twitter.com/...

• @bwdaugherty Bryan Daugherty on x

  Perhaps implementing the Digital Asset Recovery tool? Seems like a more justified answer than, not your keys, not your Bitcoin eh? https://twitter.com/...

• @silvermanjacob Jacob Silverman on x

  Bitcoin core developer hacked, “at least many” Bitcoin stolen, asks for FBI help. https://twitter.com/...

• @tbr90 Tyler Reynolds on x

  We're not offering a serious alternative to the existing financial system when even extremely technical people cannot keep their crypto secure Priority order 1. Decentralize nodes 2. Improve usability of self custody tools 3. Scalability 4. Everything else https://twitter.com/...

• @ctolarsson CTO Larsson on x

  Self custody in its current form is too difficult. Luke is a Bitcoin developer and absolutely obsessed with security. He can still get his bitcoin stolen. Now imagine an average dude. https://twitter.com/...