2024

Turbo

Bitcoin

April

A Web3 developer shared the unfortunate story of losing funds after accidentally making his wallet keys publicly available on the developer platform GitHub.&nbsp;
On June 5, Brian Guan, co-founder of the Web3 streaming app Unlonely, shared a post on X, claiming that he lost $40,000 after making a repository on GitHub public. The developer said he forgot that his secret keys were in the repository. 
<figure data-ct-non-breakable="true">
 <img src="https://s3.cointelegraph.com/uploads/2024-06/79ecd4b7-d0c7-4bea-b211-1423ac7e1b31.jpg" alt="" title="">
 <figcaption style="text-align: center;">
 Source: <a href="https://x.com/bdguan/status/1798414648884052147" target="_blank" rel="noopener nofollow">Brian Guan</a>
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</figure>
When a community member inquired about how long it took for the funds to be drained, the Web3 founder responded that it took just two minutes for someone to withdraw the funds.
Cointelegraph contacted Guan for comments but has not yet received a response. 
<h2 id="crypto-community-sentiment-split">Crypto community sentiment split</h2>
When Guan’s post went viral on X, the reactions from the crypto community were mixed. Some members expressed sympathy for the developer and offered support, while others unearthed Guan’s past comments about developers using OpenAI’s chatbot, ChatGPT, to write code. 
A community member related to the experience and <a href="https://x.com/vitytradez/status/1798491537174876236" target="_blank" rel="noopener nofollow">said</a> they were sorry and hoped Guan would bounce back. However, other community members were less charitable. 
In 2023, Guan <a href="https://x.com/bdguan/status/1715056404866687080" target="_blank" rel="noopener nofollow">posted</a> his opinion on smart contract engineers. According to Guan, projects that pay smart contract engineers $200,000 are “ngmi,” which is short for “not gonna make it.” The Web3 founder said that any solid developer “should be able to write solidity with the help of ChatGPT.”
Because of this, community member Foobar <a href="https://x.com/nikokampouris/status/1798441340990370178" target="_blank" rel="noopener nofollow">posted</a> a parody of Guan’s previous post, saying that if somebody is paying $200 for a hardware wallet, they’re not gonna make it and that developers should be able to store private keys in their GitHub with the help of ChatGPT. 
<figure data-ct-non-breakable="true">
 <img src="https://s3.cointelegraph.com/uploads/2024-06/f2b9a39d-4927-4545-aca3-858e8686ac87.jpg" alt="" title="">
 <figcaption style="text-align: center;">
 Source: <a href="https://x.com/0xfoobar/status/1798439924531630521" target="_blank" rel="noopener nofollow">Foobar</a>
 </figcaption>
</figure>
Meanwhile, another user said that while they were sorry for what happened, Guan’s opinions on developers <a href="https://x.com/GNSPS/status/1798497393509577055" target="_blank" rel="noopener nofollow">reeked</a> of “Gen Z entitlement.”
Related: <a href="https://cointelegraph.com/news/japanese-exchange-dmm-loses-bitcoin-private-key-hack">Japanese exchange DMM loses $305M in Bitcoin via private key hack</a>
<h2 id="chatgpt-coded-memecoin-surges">ChatGPT-coded memecoin surges</h2>
While using ChatGPT to code may still be controversial to many, a memecoin coded using the artificial intelligence chatbot has already found success within the crypto space. On May 28, prices for a memecoin called Turbo <a href="https://cointelegraph.com/news/turbo-memecoin-chatgpt-surges-638m">reached a new all-time high</a>, pushing its market capitalization over $600 million. 
Digital artist Rhett Mankind created the memecoin in April 2023 using ChatGPT. Mankind used prompts to guide ChatGPT in creating what he called “the next great” memecoin. 
Magazine: <a href="https://cointelegraph.com/magazine/crypto-voters-are-already-affecting-the-2024-presidential-election/">Crypto voters are already disrupting the 2024 election — and it’s set to continue</a>

Developer posts secret key on GitHub, loses $40K in 2 minutes

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