BTCPay Server Urges Merchants to Shut Down Servers After Hot Wallet Attack Reports
(3 hours ago) · 1 source · Summarized by CryptoBipto
BTCPay Server, an open-source payment processor for Bitcoin merchants, has advised users to switch off their servers following reports of attacks targeting hot wallets. The warning suggests that funds stored in internet-connected wallets on BTCPay instances may be at risk. Details about the scope and method of the attack remain limited.
WHY IT MATTERS
Think of a hot wallet like a cash register in a store — it holds money that is ready to use but is also more exposed to theft than money locked in a safe (a cold wallet).
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SOURCES
- decrypt.co
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