Boltz | Crypto

In an Aug. 3 post, Bitcoin bridge Boltz said automated, AI-assisted probing led to several contained exploits before the attack accelerated sharply. Boltz's non-custodial design kept every user's funds safe through months of attacks. Yet the Bitcoin swap service shut down anyway. Boltz said its team could no longer keep pace, so swaps will remain […] The post Boltz’s shutdown shows the real danger of AI hacking is pushing crypto back into the hands of giant custodians appeared first on CryptoSlate.

The non-custodial protocol said attackers are discovering and adapting exploits faster than its small development team can identify and patch them. Boltz, a non-custodial Bitcoin swap service, says it is disabling its service until further notice after a rise in AI-assisted hacking attempts over the last few months. In a post to X on Monday, Boltz said the decision came after seeing a steady increase in “automated AI-assisted probing” of its infrastructure this year.  “After reviewing the results of our own recent security scans, we cannot responsibly re-enable Boltz swaps, especially as we are being actively targeted by what appear to be multiple resourceful groups while we race to deploy fixes.”  Read more