Bitcoin Bridge Boltz Halts Swaps Indefinitely After AI Exploits
The non-custodial service suspended operations as AI-assisted attacks outpaced the team's ability to patch security vulnerabilities.
Boltz, a non-custodial Bitcoin bridge connecting the main chain with the Lightning Network and Liquid sidechain, has suspended swap services indefinitely after months of AI-assisted exploits exceeded its ability to develop and deploy fixes.
The bootstrapped team reported a steady rise in automated, AI-assisted probing of its infrastructure and said it had contained several exploits. However, the pace of attacks accelerated dramatically in recent days, with the company stating that attackers now iterate faster than a small team can find and patch vulnerabilities. After reviewing its own security scans, Boltz said it could not responsibly resume swaps while being actively targeted by what appear to be multiple resourceful groups.
Boltz emphasized that no user funds were lost during the incidents, as the platform is non-custodial by design, and that any losses were absorbed by the company itself. The firm also highlighted a broader concern, warning that AI-assisted attacks represent a growing threat to crypto companies operating on open-source codebases. The company did not provide a timeline for resuming services.
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