BTCPay warns of actively exploited vulnerability that could drain funds
While the team said funds may be at risk, it is unclear how many users have been exploited or how much has been lost, if any.
"If you are unable to update right away, turn off your BTCPay Server to prevent unauthorized access until you can update," BTC Pay said.
Details surrounding the attack are also currently limited. The Block reached out to BTCPay Server for comment.
BTCPay Server is a free, open-source, self-hosted bitcoin payment processor that lets individuals and businesses accept bitcoin and Lightning payments directly with no fees or intermediaries. Launched as an alternative to BitPay, it has gained particular affection among Bitcoin maximalists.
The vulnerability comes on the heels of the Coldcard exploit affecting a popular brand of Bitcoin-only wallets that has led to at least $116 million in confirmed losses so far.
This article is breaking and may be updated as The Block learns more.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bearish to 159! Ahead of Friday's Bank of Japan decision, Wall Street strategists collectively bet on a weaker yen
The swap market has fully priced in expectations of a Bank of Japan rate hike. Strategists warn that if the central bank's hawkish stance falls short of estimates, it could trigger a sell-off in the yen, with the exchange rate potentially dipping towards the 159 level in the short term.
Iran’s IRGC claims attack on Togolese oil tanker for 'illegal transit' in Strait of Hormuz
RBA's Bullock: At August board meeting, risks to outlook were skewed to the upside
Lucid (LCID.US) stock price surged over 12%! CEO announces completion of restructuring advisor collaboration, roadmap to profitability emerges
The CEO of Lucid Group Inc. stated that the electric vehicle manufacturer has completed its collaboration with a restructuring advisory team, indicating that the troubled company now has a clearer path to turn around its operations.
