Bitcoin Core Developer Lost 'Basically All' His BTC During Hack, PGP Key Theft Suspected

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A core developer behind Bitcoin, Luke Dashjr, claims to have lost “basically” all his BTC due to a hack that occurred just before the new year. 

In a January 1 post on Twitter, the developer said the alleged hackers had somehow gained access to his PGP (Pretty Good Privacy) key, a common security method that uses two keys to gain access to encrypted information. Although Dashjr did not reveal how much he lost, a wallet address he said some of the Bitcoin had been sent held $3.5 million in Bitcoin.

Dashjr said he had “no idea how” the attackers accessed his key. However, some in the community have pointed to a possible connection with an earlier Twitter post from Dashjr on November 17 that noted that his server had been compromised by “new malware/backdoors on the system.” Others appear to suggest it may not have been a hack at all, suggesting that s…