BTCPay Server Offers a 3 Bitcoin Bounty for Recovery of Stolen Funds After Wallet Exploit
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The open-source payment processor is funding a recovery bounty worth 10% of any funds returned, capped at 3 Bitcoins, and says it will prioritize security patches over new features indefinitely.
Key facts
The BTCPay Server Foundation said it would donate 0.21 Bitcoins to Sparrow Wallet developer Craig Raw and a further 0.21 Bitcoins to the Bitcoin Red Team fund in recognition of their responsible
The open-source payment processor is funding a recovery bounty worth 10% of any funds returned, capped at 3 Bitcoins, and says it will prioritize security patches over new features indefinitely
The bounty is set at 10 percent of whatever is recovered, capped at three coins in the event of a full recovery
Hackers last week managed to extract Lightning Network admin macaroon credentials from affected BTCPay Server instances
Summary
Supporters of BTCPay Server have committed to funding a bounty of up to three Bitcoins for the recovery of funds stolen through a recently disclosed vulnerability in the open-source bitcoin payment processor, the project said in a statement. The bounty is set at 10 percent of whatever is recovered, capped at three coins in the event of a full recovery. The project even extended the offer to the attacker directly alongside anyone else holding actionable information, directing them to a dedicated security address and offering Signal or other encrypted channels on request. Hackers last week managed to extract Lightning Network admin macaroon credentials from affected BTCPay Server instances.