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Project Overview
Boltz is a privacy first, non-custodial bitcoin exchange built to bridge different layers of Bitcoin like the Liquid and Lightning Network. With Boltz users can seamlessly swap their bitcoin between layers, to e.g. use advanced financial products or manage liquidity of their lightning channels.
Boltz Founding Team Exits, Anonymous Bitcoin Team Takes Over Suspended Swap Service
According to The Defiant, Boltz announced that its original founders have all exited, and an anonymous team of "senior Bitcoin figures" will take over the suspended Bitcoin Swap service. The new team will provide funding and engineering support to fix vulnerabilities and push for the service to resume as soon as possible.
Boltz updates warrant canary, says no secret government data requests received
Bitcoin News posted on X platform, stating that Boltz has updated its PGP-signed warrant canary, a transparency measure used by privacy-related companies to publicly indicate that they have not received any secret government orders requiring them to hand over user data. The company's previous canary was dated May 31. Despite its commitment to update every 60 days, the canary expired around July 30, and its notice had asked users to "assume the worst" if it was not updated. Boltz stated that the expiration was due to negligence, as its team was dealing with an AI-assisted infrastructure attack that lasted for months, which ultimately led to the indefinite suspension of its swap services. The warrant canary has now been updated. Boltz stated that since the platform operates in a non-custodial model, user funds were never at risk.
Bitcoin bridge service Boltz indefinitely suspends exchange services due to uncontrolled AI attack speed
According to Decrypt, non-custodial Bitcoin exchange service provider Boltz announced an indefinite suspension of its Bitcoin exchange services, as the iteration speed of AI-assisted attacks has exceeded its team's vulnerability patching capability. Boltz stated that automated AI probing attacks have continued to increase over the past few months, and multiple vulnerability exploitation incidents have been handled, but recently the pace of attacks has significantly accelerated, and it is suspected that multiple well-resourced attack organizations are simultaneously launching attacks against its platform, rendering the team unable to operate safely during the patching period. Currently, Boltz's TVL is approximately $262,000. Since the platform adopts a non-custodial architecture, users retain custody of their funds throughout the process. The team confirmed that no user funds are at risk, and API refund channels and unilateral refund functions remain operational.
Boltz indefinitely suspends Bitcoin swap service due to accelerated AI-assisted attacks
Odaily News: Non-custodial Bitcoin swap service Boltz has indefinitely suspended its Bitcoin swap service, stating that the service will remain offline until further notice, with no timeline for restoration provided. Boltz allows users to transfer Bitcoin between the Lightning Network and the Bitcoin base layer, without the company ever holding custody of user funds. Boltz stated that over the past few months, its infrastructure has faced a continuous increase in automated, AI-assisted probing, and the team has already handled multiple exploit incidents. The company said each incident was contained, but the speed at which attackers iterate has outpaced the team's ability to discover and patch vulnerabilities. Boltz disclosed that the pace of attacks has accelerated over the past few days, and after reviewing recent security scan results, the company concluded that it cannot responsibly re-enable the swap service. Its API remains available for processing collaborative refunds, unilateral refunds remain operational as they do not rely on Boltz infrastructure, and customer support remains accessible.
Boltz indefinitely suspends swap service due to AI-assisted attacks
Odaily News: Bitcoin News posted on X platform, stating that Boltzhq has indefinitely suspended its swap service after reporting an increase in AI-assisted attacks and multiple contained exploits. Due to its non-custodial design, user funds were never at risk, but wallets relying on Boltz for Lightning Network swaps, including AquaBitcoin and BULLBITCOIN, experienced service disruptions while alternative infrastructure is being deployed.
Boltz Founding Team Exits, Anonymous Bitcoin Team Takes Over Suspended Swap Service
According to The Defiant, Boltz announced that its original founders have all exited, and an anonymous team of "senior Bitcoin figures" will take over the suspended Bitcoin Swap service. The new team will provide funding and engineering support to fix vulnerabilities and push for the service to resume as soon as possible.
Boltz updates warrant canary, says no secret government data requests received
Bitcoin News posted on X platform, stating that Boltz has updated its PGP-signed warrant canary, a transparency measure used by privacy-related companies to publicly indicate that they have not received any secret government orders requiring them to hand over user data. The company's previous canary was dated May 31. Despite its commitment to update every 60 days, the canary expired around July 30, and its notice had asked users to "assume the worst" if it was not updated. Boltz stated that the expiration was due to negligence, as its team was dealing with an AI-assisted infrastructure attack that lasted for months, which ultimately led to the indefinite suspension of its swap services. The warrant canary has now been updated. Boltz stated that since the platform operates in a non-custodial model, user funds were never at risk.
Boltz indefinitely suspends Bitcoin swap service due to accelerated AI-assisted attacks
Odaily News: Non-custodial Bitcoin swap service Boltz has indefinitely suspended its Bitcoin swap service, stating that the service will remain offline until further notice, with no timeline for restoration provided. Boltz allows users to transfer Bitcoin between the Lightning Network and the Bitcoin base layer, without the company ever holding custody of user funds. Boltz stated that over the past few months, its infrastructure has faced a continuous increase in automated, AI-assisted probing, and the team has already handled multiple exploit incidents. The company said each incident was contained, but the speed at which attackers iterate has outpaced the team's ability to discover and patch vulnerabilities. Boltz disclosed that the pace of attacks has accelerated over the past few days, and after reviewing recent security scan results, the company concluded that it cannot responsibly re-enable the swap service. Its API remains available for processing collaborative refunds, unilateral refunds remain operational as they do not rely on Boltz infrastructure, and customer support remains accessible.
Boltz indefinitely suspends swap service due to AI-assisted attacks
Odaily News: Bitcoin News posted on X platform, stating that Boltzhq has indefinitely suspended its swap service after reporting an increase in AI-assisted attacks and multiple contained exploits. Due to its non-custodial design, user funds were never at risk, but wallets relying on Boltz for Lightning Network swaps, including AquaBitcoin and BULLBITCOIN, experienced service disruptions while alternative infrastructure is being deployed.
Breez Launches Bitcoin Balance Direct Payment of USDC and USDT
: Bitcoin infrastructure company Breez has added a new feature to its developer toolkit, allowing users to send USDC and USDT directly from their Bitcoin balance to over 30 blockchain networks, without the need to convert in advance or hold stablecoins. This feature combines the Lightning Network with an automatic conversion mechanism. After the user enters the recipient's wallet address, the Breez SDK identifies the target blockchain, calculates the conversion route, and displays the amount, network, and fees before the payment is confirmed. The transaction is then routed through liquidity providers such as Flashnet and Boltz, converting the sender's Bitcoin into stablecoins and delivering them to the blockchain chosen by the recipient. Breez states that users still hold Bitcoin while initiating the payment, while the recipient receives stablecoins on their preferred blockchain. The feature operates in a non-custodial mode and initially only supports sending stablecoins outward. Future versions are planned to support receiving stablecoins from external blockchain networks.
Related news
Boltz Founding Team Exits, Anonymous Bitcoin Team Takes Over Suspended Swap Service
According to The Defiant, Boltz announced that its original founders have all exited, and an anonymous team of "senior Bitcoin figures" will take over the suspended Bitcoin Swap service. The new team will provide funding and engineering support to fix vulnerabilities and push for the service to resume as soon as possible.
Boltz updates warrant canary, says no secret government data requests received
Bitcoin News posted on X platform, stating that Boltz has updated its PGP-signed warrant canary, a transparency measure used by privacy-related companies to publicly indicate that they have not received any secret government orders requiring them to hand over user data. The company's previous canary was dated May 31. Despite its commitment to update every 60 days, the canary expired around July 30, and its notice had asked users to "assume the worst" if it was not updated. Boltz stated that the expiration was due to negligence, as its team was dealing with an AI-assisted infrastructure attack that lasted for months, which ultimately led to the indefinite suspension of its swap services. The warrant canary has now been updated. Boltz stated that since the platform operates in a non-custodial model, user funds were never at risk.
Bitcoin bridge service Boltz indefinitely suspends exchange services due to uncontrolled AI attack speed
According to Decrypt, non-custodial Bitcoin exchange service provider Boltz announced an indefinite suspension of its Bitcoin exchange services, as the iteration speed of AI-assisted attacks has exceeded its team's vulnerability patching capability. Boltz stated that automated AI probing attacks have continued to increase over the past few months, and multiple vulnerability exploitation incidents have been handled, but recently the pace of attacks has significantly accelerated, and it is suspected that multiple well-resourced attack organizations are simultaneously launching attacks against its platform, rendering the team unable to operate safely during the patching period. Currently, Boltz's TVL is approximately $262,000. Since the platform adopts a non-custodial architecture, users retain custody of their funds throughout the process. The team confirmed that no user funds are at risk, and API refund channels and unilateral refund functions remain operational.
Boltz indefinitely suspends Bitcoin swap service due to accelerated AI-assisted attacks
Odaily News: Non-custodial Bitcoin swap service Boltz has indefinitely suspended its Bitcoin swap service, stating that the service will remain offline until further notice, with no timeline for restoration provided. Boltz allows users to transfer Bitcoin between the Lightning Network and the Bitcoin base layer, without the company ever holding custody of user funds. Boltz stated that over the past few months, its infrastructure has faced a continuous increase in automated, AI-assisted probing, and the team has already handled multiple exploit incidents. The company said each incident was contained, but the speed at which attackers iterate has outpaced the team's ability to discover and patch vulnerabilities. Boltz disclosed that the pace of attacks has accelerated over the past few days, and after reviewing recent security scan results, the company concluded that it cannot responsibly re-enable the swap service. Its API remains available for processing collaborative refunds, unilateral refunds remain operational as they do not rely on Boltz infrastructure, and customer support remains accessible.
Boltz indefinitely suspends swap service due to AI-assisted attacks
Odaily News: Bitcoin News posted on X platform, stating that Boltzhq has indefinitely suspended its swap service after reporting an increase in AI-assisted attacks and multiple contained exploits. Due to its non-custodial design, user funds were never at risk, but wallets relying on Boltz for Lightning Network swaps, including AquaBitcoin and BULLBITCOIN, experienced service disruptions while alternative infrastructure is being deployed.
Breez Launches Bitcoin Balance Direct Payment of USDC and USDT
: Bitcoin infrastructure company Breez has added a new feature to its developer toolkit, allowing users to send USDC and USDT directly from their Bitcoin balance to over 30 blockchain networks, without the need to convert in advance or hold stablecoins. This feature combines the Lightning Network with an automatic conversion mechanism. After the user enters the recipient's wallet address, the Breez SDK identifies the target blockchain, calculates the conversion route, and displays the amount, network, and fees before the payment is confirmed. The transaction is then routed through liquidity providers such as Flashnet and Boltz, converting the sender's Bitcoin into stablecoins and delivering them to the blockchain chosen by the recipient. Breez states that users still hold Bitcoin while initiating the payment, while the recipient receives stablecoins on their preferred blockchain. The feature operates in a non-custodial mode and initially only supports sending stablecoins outward. Future versions are planned to support receiving stablecoins from external blockchain networks.