BTCPay Backers Offer Bitcoin Bounty After Wallet Exploit
BTCPay Backers Offer Bitcoin Bounty After Wallet Exploit
Open-source Bitcoin payment processor BTCPay Server has issued a security advisory warning of a critical vulnerability in its software that could lead to the loss of user funds. The organization behind BTCPay has launched a bounty program, offering a reward in Bitcoin for information about the exploit and how it might be potentially used.
According to the advisory, the newly discovered vulnerability was found in its Lightning Network integration. This flaw could allow an attacker to potentially steal funds. The BTCPay development team has urged users to immediately update their clients to the latest version to safeguard funds. While the problem appears serious, there have been no reports of funds being lost so far.
The BTCPay team is actively working on both long-term and short-term measures to enhance the security of its platform and prevent the possibility of similar attacks in the future. The organization has expressed its gratitude to its community of users and developers for their support and diligence in addressing the issue quickly.
Users of BTCPay Server have been recommended to review their security settings and ensure they are running the latest software update as a precautionary measure against any possible vulnerabilities.
For anyone reading about BTCPay for the first time, this incident highlights the risks involved in using cryptocurrencies and the importance of staying vigilant about software updates and security alerts.
This article has been published in decrypt.co via Yahoo News.
BTCPay Backers Offer Bitcoin Bounty After Wallet Exploit
The reward aims to recover Bitcoin stolen after attackers gained access to connected LND wallets.
finance.yahoo.com
