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Bitcoin Dev's Bitcoin Stolen?
𝐋𝐄𝐀𝐑𝐍 𝐓𝐎 𝐁𝐔𝐘 𝐀𝐍𝐎𝐍𝐘𝐌𝐎𝐔𝐒 𝐁𝐈𝐓𝐂𝐎𝐈𝐍➜➜➜
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I discuss Bitcoin Core developer Luke Dashjr's Bitcoin getting stolen.
This was not a Bitcoin hack or vulnerability. Rather, it appears that Luke was storing his Bitcoin private keys in some form of hot wallet, or with encrypted keys being held on a vulnerable server.
Large holdings of Bitcoin should always instead be held in cold storage, using either single sig or multi-sig.
Never let your private keys or recovery seed (12 or 24 words) touch the internet.
Not investment advice! Consult a financial advisor.
The Best Ways To Store Small and Medium Amounts of Bitcoin:
https://www.youtube.com/watch?v=rTIl7TKEowg&ab_channel=TraderUniversity
Best Way To Store Large Amounts of Bitcoin (Multi-Sig):
https://www.youtube.com/watch?v=e27pC-gUDIc&ab_channel=TraderUniversity
Bitcoin Core:
https://bitcoin.org/en/bitcoin-core/
Luke Dashjr:
https://en.bitcoinwiki.org/wiki/Luke_Dashjr
Luke alerts the world re his PGP:
https://twitter.com/LukeDashjr/status/1609647203890372609
Luke Bitcoin transactions:
https://mempool.space/tx/432ded946431a9612f09d73bd15ded045d11d1095ffdfe8d68306ea9b2e78930
https://mempool.space/tx/c38a3210fbb758cfc41d9a64b7534b83aecca96f051231f15545e8e5c7365190
https://mempool.space/tx/4b3cde50e2bce3d02e15b61957d2452e29f53d9a99e1ab14e83b6ec0f87fd851
https://mempool.space/tx/50df1eab0bf2bd01999cea4fc531a65c17e1a285823c9ae4eab0feb7e21a11b6
Final balance at thief's address:
https://mempool.space/address/1YAR6opJCfDjBNdn5bV8b5Mcu84tv92fa
Luke's server accessed in November 2022:
https://twitter.com/LukeDashjr/status/1593227756841578496
Peter Todd asserts that Luke's loss is real:
https://twitter.com/peterktodd/status/1609655629903265795
Luke may not have had a recovery seed:
https://twitter.com/LukeDashjr/status/1609868077146972160
Is this a Bitcoin vulnerability?
https://twitter.com/mosspuppet/status/1609869065866121216
Udi gives bad advice re self-custody:
https://twitter.com/Pledditor/status/1609714154885058566
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#bitcoin
#crypto
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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