hack

The open-source payment processor is funding a recovery bounty worth 10% of any funds returned, capped at 3 Bitcoins, and says it will prioritize security patches over new features indefinitely.

The amount of Bitcoin stolen has been confirmed at $111 million, but is likely much higher — and could stand at over $130 million.

Bitcoin worth close to $32 million moved for the first time in 12 years yesterday.

Bitcoin wallets continue to be drained in the ongoing hack.

Experts have since said that those holding Bitcoin on a Coldcard device should move funds now.

Over $70 million in Bitcoin has been pinched. Coldcard has since urged its users to take precautions.

Crypto exchange Kraken disclosed two insider-related support access incidents involving limited client data and said it is facing an extortion attempt after attackers claimed to possess internal system videos.

Bitrefill reported a cyberattack this month that led to stolen funds and limited customer data exposure, likely by North Korea’s Lazarus Group.

The exchange says it is committed to fully guaranteeing all customer bitcoin deposits.

By publicly exploiting a bug on Lightning that could have put users’ funds at risk, the developer was acting in the best interests of Bitcoin node runners.