 Welcome to Jalassette News. My name is Rob and today just as the title and the thumbnail clearly laid laid it out there's a problem with a certain Bitcoin developer putting his Phrases and passwords and things like that and it looks like he got compromised and All his Bitcoin roughly 3.6 million dollars worth is now gone So the question that I have when I first read this is am I safe because it's good to talk about other people But it really just comes down to to me and what's happening and of course that would actually lead to you So we're gonna take a look at what's going on also do an update on the sweat coin. So let's just jump right in so First things first This is what we got. This is the article itself and actually let me lay back up first thing should be first which is this There was a video I did 19 hours ago and it was talking about meld and meld getting their Their license their EBI license in like 146 countries that wasn't the big thing Everybody's happy about that meld is being built on Cardano But in that video I talked about how meld was jumping out of Cardano and is going to go into avalanche solely So I got the information from Ken Ken as a CEO of meld and when we were talking we're talking about almost like two hours And we talked about it. This is really impression that I got but apparently I was incorrect So I talked to Ken this morning. Oh, hey, man I go I thought it was that you guys were jumping off. It's like no no no because we're not jumping off Cardano We're gonna still be on Cardano and launch our main net But we're also going to be into avalanche and it'll be like a two-chain system. So I okay great So that happened so everybody gets updated great. So sorry about that. Sorry So the big news Bitcoin core developer loses at least 3.6 million. That's a lot of money In Bitcoin to a hack. So here's what we have. So Luke Desherne nailed it who claims to be the longest contributing Bitcoin core developer Revealed that an unknown hacker had rated basically all his Bitcoin in New Year's Day. So this was a That was yesterday. So That share blamed them the hack of his Bitcoin on a compromised PGP pretty good privacy key and the attackers IP came from a Colo crossing server. First of all, what the heck is that pretty good private? I've never heard that in my life So this is a PGP and how does it work? Basically? Pretty good privacy is an encryption system used for both sending encrypted emails and encrypted sensitive files the invention back It was meant back in 1991 PGP has become the de facto standard for email security. Here's how it works That's it. I'm not gonna go if I really don't even care But I mean it sounds great fantastic. However, it led to somebody losing their Bitcoin So I'm pretty sure you're not gonna use it. So why should I even go over it? So here's the thing? Attackers IP came from a cola crossing server and of course dasher posted a follow-up It's any called out cola crossing for allegedly dropping the ball on abuse investigation the last time and Some responders also flagged up a security breach. He tweeted about back in November is possibly being connected to the hack So here's my question for everybody So if he had a complaint about it, he's like, there's a problem here as far as abuse investigation And there's a security breach. So why was he using it? And when he's using this PGP, we talked about that Here's the actual tweet a link in the description. You can check it out yourself and And he just says yeah, look it's all gone and I Searched this out and I want to have people in the comments correct me But so what it sounds like for this PGP is that he left it on it on that server that colo server, whatever it's called What was it called? Colo crossing colo server something something the medical industry And he says and this is a comment says based on the other comments in this thread It looks like he didn't bother using a hardware wallet, which is true. He uses this PGP Which is literally something that recommended on Bitcoin.org and kept his wallet Dot dat or data on a server exposed to the internet Why would you do that if that is true? Why would you why would you that's that's essentially a hot wallets? And I mean, I guess everything's encrypted with PGP. Why would you I don't I still I still don't get it So there was a tweet from Udi wordheimer Crypto and bear market spirit guide and he just said, you know, hey, you shouldn't do that And it's very hard and he made the case that it's very hard to manage your own keys I don't think it's that hard. Now it would be hard if I found out that someone some way shape or form my keys were Were hacked without me knowing it even though I had it on a cold storage device on my ledger and People just came out and said look, it's not that tough Peter McCormick managing keys isn't in the heart. I managed it And who he says is very tough Dan held says hey easy solution would have been to use a hardware wallet like ledger He rolled his own crypto plus kept on his computer pretty basic mistake and Then he would he says yeah, I can make mistakes too with ledgers of that But still I'm just I'm I'm Flabbergasted and maybe I'm understanding this this wrong, but if this is true Did he leave his information on a server and just thought well, I use this PGP And I'll be just fine and even put it on on a ledger or even this I just got this in the mail arculus. I'm gonna check it out. This looks pretty cool. And I don't know so like sometimes I think sometimes people are just too smart for their own good and they're like no, no, I got it It's good. I've been doing this forever. This is the way it works and off we go But that's what we got for the stories and that's it and then lastly, of course, let me know what you think about a comment section We'll talk about this in the in the Q&A Lastly sweat coin Talk about this because I'm super biased and I own it. Oh and going back to this one meld Shocker, I also own that too. I don't talk about anything on my channel. I don't own I don't see the point of it So for those who have been here with me for quite some time just know that I'm super biased So I talk about Bitcoin, Ethereum and avalanche and Cardano and meld and sweat coin because I own it How crazy what it what a novel thought Anyhow, so we're doing this January giveaway where you download the app. It's free and Then you're in sweat coins. That's also free and the ones with the most steps The top 30 are gonna get cool stuff like let's see the first place gets a thousand sweat coins a ledger Lifetime membership token metrics coin ledger tax software Premium membership 10 set and also a stone book. That's just first place and then it goes from there pretty cool stuff ladies NFTs and And a bunch of tokens and meld tokens and stuff like that So there's a link in the description you can find out, but there's it's always the same thing There's a link in the description Where I put it See this little guy running right here download the app download app and Then start walking and that's it Oh and also, I know the weather sucks for a lot of you. I mean not for people in Puerto Rico, but For a lot of you it does suck. So why would you walk outside? It's okay? If you go to the gym, it apparently works on an elliptical So if you're on a or excuse me a treadmill So if you walk in a treadmill, it'll also count your steps and you can be eligible and also just keep your phone on you because that's where it tracks it and You can probably win some stuff, but that's it and that's all I have for today I want to try to make these things a little shorter. I'm trying to keep myself busy at a loss recently So it's important. I do these things. So I'll probably be doing like a pre-recorded video a live stream And who knows maybe in the late night live stream Who knows I'll be sober and that's it. So That's it for this part. You want to stick around for the Q&A be my guest This ought to be fun, but if you got to go take off you've been here for a whopping eight minutes I appreciate you stopping by but that's it for today. So like and subscribe now Let's get into the Q&A and go from there and Will's gonna see this was my thing When I saw