Boltz's Closure Highlights the Threat of AI-Driven Hacking, Risking Crypto's Return to Major Custodians
In a post dated August 3, Bitcoin bridge Boltz reported that automated, AI-assisted probing resulted in several contained exploits before the situation escalated significantly. Despite Boltz's non-custodial framework successfully safeguarding user funds throughout months of attacks, the Bitcoin swap service has ceased operations. The team at Boltz indicated they could no longer maintain the necessary pace, leading to the suspension of swaps.
In a post dated August 3, Bitcoin bridge Boltz reported that automated, AI-assisted probing resulted in several contained exploits before the situation escalated significantly. Despite Boltz's non-custodial framework successfully safeguarding user funds throughout months of attacks, the Bitcoin swap service has ceased operations. The team at Boltz indicated they could no longer maintain the necessary pace, leading to the suspension of swaps.
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