Blink Suspends Services During Security Incident Investigation
5 Articles
5 Articles
Blink Wallet Hit by Attacker, ‘Few Dozen’ Custodial Accounts Drained - Invest In Crypto News
Key Takeaways Blink Wallet says a “few dozen” custodial accounts were hit, but the vast majority of funds stayed safe.Blink paused services Sept. 19, adding another headache to a rough stretch for Lightning Network apps.Blink says 100% of affected users will be made whole as a patch rolls out and answers are still pending. Blink […]
Blink Wallet Hit by Attacker, 'Few Dozen' Custodial Accounts Drained
On Saturday, the Lightning Network payments platform Blink Wallet, which provides both custodial and non-custodial services, revealed that an attacker had infiltrated a limited number of custodial accounts and moved the funds. Blink Wallet Says Every Affected Custodial Account Will Be Made Whole Lightning Network applications and platforms cannot get a break these days, and […]
Blink Suspends Services During Security Incident Investigation
Blink has suspended its services while the company investigates a security incident, according to an official company update, leaving users unable to access the platform as the scope, cause, and duration of the disruption remain unconfirmed. Read more...
According to ChainCatcher, market sources indicate that attackers accessed a small number of Blink custodian accounts and withdrew funds. Blink stated that the vast majority of funds remain safe, and non-custodian wallets were unaffected. Blink uses Spark, its Bitcoin payment protocol, which powers multiple Lightning Network wallets, but it has not yet confirmed that Spark was the source of this security incident.
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