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Web3 Developer's $40,000 GitHub Oversight Sparks Crypto Security Debate

Jun 6, 2024

Web3 Developer's $40,000 GitHub Oversight Sparks Crypto Security Debate
Web3 Developer's $40,000 GitHub Oversight Sparks Crypto Security Debate
Web3 Developer's $40,000 GitHub Oversight Sparks Crypto Security Debate

On June 5, Web3 developer Brian Guan, co-founder of the streaming app Unlonely, revealed on X that he lost $40,000 after accidentally making his wallet keys public on GitHub. Guan explained that he had forgotten his secret keys were included in a public repository, leading to the funds being drained in just two minutes. The incident drew mixed reactions from the crypto community, with some expressing sympathy and sharing similar experiences, while others criticised Guan for his oversight and highlighted his previous comments on the capabilities of developers using AI tools like ChatGPT to write code​ (TradingView)​​ (CCN.com)​. The story quickly went viral, prompting discussions about the importance of security practices in the crypto space. Guan's situation serves as a stark reminder of the risks associated with mishandling private keys and the speed at which cybercriminals can exploit such mistakes. Despite the unfortunate loss, the incident has sparked broader conversations about improving security awareness and protocols among developers working with cryptocurrencies and blockchain technologies. Cointelegraph reached out to Guan for further comments but has yet to receive a response​ (TradingView)​​ (CCN.com)​.