boltz

Boltz suspends non-custodial Bitcoin swaps indefinitely after AI-assisted attacks outpace patches. No user funds lost but Lightning and Liquid wallets impacted. Paradigm shift warned. $BTC $ETH $SOL #Crypto #Bitcoin #Boltz #Security #AI

🔒 BOLTZ SHUTS DOWN ITS SERVICE AFTER AI-POWERED AUTOMATED ATTACKS ⚠️

The non-custodial Bitcoin bridge Boltz suspended its exchange service until further notice after undergoing automated, iterative AI-driven probing 🤖.

The company explained that the speed of the threats exceeded its ability to respond and patch vulnerabilities 🛑.

Despite the platform shutdown, Boltz assured users that their funds are not at risk due to the service’s non-custodial architecture and keeps its API active for collaborative and unilateral refunds 🛡️.

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Boltz pauses service after AI-assisted attack

- Boltz is a non-custodial protocol that enables swaps on the Lightning Network.
- The reporting protocol said it discovered a series of AI-assisted attacks that exploited vulnerabilities faster than a smaller development team could patch.
- As a result, Boltz decided to pause the service to protect users’ assets and address the vulnerabilities.
- The team confirmed it will work to restore the service as soon as it is safe to do so.
- Users are advised to withdraw funds and monitor official announcements.
#BinanceSquare #CryptoNews #Boltz #LightningNetwork #Security

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Source: CoinTelegraph