EN ▼
Favorites
My Favorites
View All
Market Cap Price 24h%

Disclaimer: Content does not constitute investment advice. Trading involves risks—please invest with caution!

Swiss Bitcoin payment platform takes servers offline due to suspected internal vulnerabilities

2026-09-15 06:37:16
Bookmark
[TAG

Swiss Bitcoin Pay announced on Monday that it was shutting down its entire server infrastructure. After an investigation, the company concluded that an intruder may have accessed internal systems. Currently, the platform warns that customers 'email addresses, bitcoin addresses, bank IBAN numbers, transaction histories, and hash passwords may be at risk. Despite this, the company stresses that no client funds are at risk.

Why did you take measures to disconnect the network?

According to information released by the official account of Platform X, the team is still investigating the specific situation after confirming that malicious users have invaded the company's internal system. The post noted that to guard against potential risks, the company temporarily shut down its servers during the investigation. As of now, the Swiss Bitcoin payment platform has not disclosed the specific number of customers affected, the attacker's approach, and whether the data was copied or only viewed. In addition, the specific date for service restoration has not been announced.

Fund security mechanism in non-custody mode

The Swiss Bitcoin payment platform uses an unmanaged design that allows payments to flow directly from customers to merchants. Under this system, customer funds are completely isolated from infected internal systems, and no unauthorized transfers of Bitcoin have been detected. However, the platform clarified in a subsequent reply that although the amount is usually small, it does temporarily hold part of the user balance. This is because the platform processes incoming Lightning online payments in batches so that they can be processed through a single on-chain output in a daily, weekly or monthly cycle.

Impact assessment of this hacking incident

Security incidents in the cryptocurrency field have occurred frequently recently. Previously, Blockstream's Liquid sidechain only resumed block production last week, after its alliance wallet was hacked and nearly 4000 BTC items were stolen. Days earlier, Japan's Digital Agency disclosed that approximately 246,000 employee and contractor records, including names, email addresses and phone numbers, may have been leaked.

Expert Pasquale Pillitteri pointed out that if the email address, Bitcoin address, bank IBAN, transaction history and hash password stolen from the Swiss Bitcoin payment platform are used in combination, it will become typical material for a "tailor-made phishing attack." In addition, the exposed Bitcoin address can associate a user's identity with a real name, allowing anyone to track the user's on-chain activity.

At the same time, hardware wallet manufacturer Trezor also suffered a data leak, resulting in the outflow of buyer contact and delivery information; another wallet, SafePal, was affected by a defective order tracking plug-in, affecting nearly 40,000 customers. The Swiss Bitcoin payment platform said its case has not yet been directly linked to specific vulnerabilities.

Disclaimer:

All content published on this website, including hyperlinks, related applications, forums, blogs, and other media accounts, originates from third-party platforms and their users. CoinMarketInsight makes no representations or warranties of any kind regarding the website or its content. All blockchain-related data and materials are provided for informational and research purposes only and do not constitute financial, legal, or investment advice. Users and third parties are solely responsible for the content they publish. CoinMarketInsight shall not be liable for any losses arising from the use of this website. You should exercise caution and conduct your own independent research, review, analysis, and verification before making any decisions.

Read Full Article
More News
TOP

TOP