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“My PGP key is compromised, and at least many of my bitcoins stolen”

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Re: “My PGP key is compromised, and at least many of my bitcoins stolen”

#81

Post by mrtksn »

TedDoesntTalk wrote: post #5

> What the heck @FBI @ic3 why can't I reach anyone??? Uh, because it’s New Year’s Day? Don’t get injured or become a crime victim on a holiday, if possible.

I'm confused why he even is interested in reaching these governmental organisations. Isn't it the idea of "code is the law" a pillar of the crypto movement?

I don't claim that the person in question did this but as a thought experiment IMHO stealing Bitcoin is oxymoron because the transactions are happening in the realm of zero trust computational environment. The whole premise is that this is a trust-less system which means that we shouldn't even attempt to trust in anything about the wallet movements.

Maybe it was a handshake deal that went sour afterwards?

Re: “My PGP key is compromised, and at least many of my bitcoins stolen”

#82

Post by TillE »

It's certainly not the cause of this hack, but nobody should be using asymmetric encryption to protect their own stuff. It should only be used for communication with another party. Quantum computing will eventually be a thing.

So use symmetric encryption whenever it's at all possible.

Re: “My PGP key is compromised, and at least many of my bitcoins stolen”

#84

Post by perihelions »

sosodev wrote: post #27

https://bitcoinhackers.org/@lukedashjr his mastodon feed indicates that one of his servers was physically compromised multiple times. Seems like he should have been more paranoid about securing his coins with that knowledge?

Speaking of paranoid, that link you've posted, isn't that a link to a server that's known to be compromised, and also an apparent watering hole for crypto wallet holders? Am I unreasonable in thinking that's a very scary link?

Re: “My PGP key is compromised, and at least many of my bitcoins stolen”

#85

Post by technion »

phphphphp wrote: post #33

Apparently his servers keep getting hacked, which doesn’t reflect well on his security practices: https://twitter.com/LukeDashjr/status/1606885577843957762

Assuming this physical access claim is truthful (and i have doubts), I would feel at this point its budget letting him down. If your threat model includes "targeted attacks from people with physical access", it's time to run a vm on aws or azure and use the tooling they make available to secure it further. If you want tonnes of resourcing at a quite low budget, there's only a certain amount of "calling out" the group that supplied it that's reasonable.

Re: “My PGP key is compromised, and at least many of my bitcoins stolen”

#87

Post by optimalsolver »

urza wrote: post #71
theCrowing wrote: post #57

Earlier quoted context omitted.

You believe that someone keeps their normal "writing style" when his livelihood gets stolen? :>

I have my doubts that he would keep much in hot wallet. That would be.. weird. But I might be wrong of course, let's wait for some confirmation.

So your assertion that "It looks like it is just twitter hack" was based on a gut-feeling. You should probably have made that clearer.

Re: “My PGP key is compromised, and at least many of my bitcoins stolen”

#88

Post by SilasX »

gjsman-1000 wrote: post #70
yuvadam wrote: post #63

Earlier quoted context omitted.

Peter Todd claims he has confirmation [1] [1] - https://twitter.com/peterktodd/status/1609655629903265795

If a Bitcoin Developer with >$3M in Bitcoin didn’t use a hardware wallet… God help the typical Bitcoin user. It’s a tragedy, and inexcusable.

Gavin Andresen, a lead Bitcoin developer, sent me a 10 BTC donation ($3000 at the time) when he meant to send $10 worth of BTC.

Yes, I refunded.

https://news.ycombinator.com/item?id=14720921

Re: “My PGP key is compromised, and at least many of my bitcoins stolen”

#89

Post by vorpalhex »

CyberDildonics wrote: post #79

Just for a little context luke jr was infamous on cryptocurrency forums for being adamant that the sun revolved around the earth, all religions other than catholicism are evil, there is an "ethical aspect to slavery" and that bitcoin's 1 KB/s throughput was too much and should be cut down even further. https://archive.is/sS5Ml https://archive.is/DrP83 https://np.reddit.com/r/Christianity/comments/36w6nw/why_did... ht…

I'm not going to comment on his overall opinions, but it does seem like his judgement is severely compromised. I wonder if that led to the negligent behavior which allowed the coins to be compromised and stolen - a discount server host with a history of being compromised seems like the absolute wrong place to store large sums of value.

Re: “My PGP key is compromised, and at least many of my bitcoins stolen”

#90

Post by horsawlarway »

gjsman-1000 wrote: post #70
yuvadam wrote: post #63

Earlier quoted context omitted.

Peter Todd claims he has confirmation [1] [1] - https://twitter.com/peterktodd/status/1609655629903265795

If a Bitcoin Developer with >$3M in Bitcoin didn’t use a hardware wallet… God help the typical Bitcoin user. It’s a tragedy, and inexcusable.

fraud and reconciliation are fundamental in our finance systems. To claim this as anything other than a failing of bitcoin as a whole is "inexcusable".
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