Bitcoin Bridge Halts All Swaps Indefinitely After AI Tools Outpace Security Fixes
6 Articles
6 Articles
Bitcoin Bridge Halts All Swaps Indefinitely After AI Tools Outpace Security Fixes
The non-custodial Bitcoin (BTC) bridge Boltz has suspended its swap services indefinitely. The service connecting Bitcoin's main chain with the Lightning Network and Liquid sidechain stopped operations after months of AI-assisted exploits outstripped the bootstrapped team's ability to develop and deploy patches.
Did Bitcoin bridge Boltz silently warn of a government takeover?
Bitcoin bridge Boltz, which recently suspended its services after repeated attacks from AI-powered hackers, has come under fire after it allowed its warrant canary to lapse for over five days. The lapse indicates to several critics that Boltz is possibly under government investigation. A warrant canary is a colloquial term for a recurring public notice that a service has not received a secret legal process. Because subjects of a legal or crimina…
ChainCatcher reports that Boltz, a non-custodial Bitcoin exchange service, has indefinitely suspended its Bitcoin exchange service, stating that the service will remain unavailable until further notice and no resumption date can be provided at this time. Boltz allows users to transfer Bitcoin between the Lightning Network and the Bitcoin base layer without the company holding user funds in custody. Boltz stated that its infrastructure has experi…
Bitcoin Exchange Service Boltz Shuts Down, Cites Rise in AI-Powered Hacking Attempts
Bitcoin swap platform Boltz has suspended its services indefinitely after reporting a sharp increase in AI-assisted hacking attempts. The non-custodial exchange said attackers have been adapting faster than its small security team can identify and patch vulnerabilities, making it unsafe to resume operations. Boltz stressed that no user funds were compromised and that refunds will continue to be processed while the platform remains offline for fu…
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