BTCPay Backers Offer Bitcoin Bounty After Wallet Exploit
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BTCPay Server supporters are offering 10% of any funds recovered, capped at 3 BTC currently worth around $190,000, if all the Bitcoin stolen in a recent exploit is returned.
Key facts
BTCPay Server supporters are offering 10% of any funds recovered, capped at 3 BTC currently worth around $190,000, if all the Bitcoin stolen in a recent exploit is returned
The BTCPay Server Foundation will also donate 0.21 BTC each to security researcher Craig Raw and the Bitcoin Red Team fund for responsibly disclosing the vulnerability
BTCPay first warned users about the attacks on Friday, urging them to install a new version, 2.4.2, or take their servers offline
The Lightning Network is a layer-2 payment network built on the Bitcoin blockchain that enables faster and cheaper transactions
Summary
BTCPay Server supporters offered 10% of recovered funds, capped at 3 BTC. Users running affected software should update to version 2.4.2 immediately. In a post on X on Monday, BTCPay said the offer extends to anyone with information that could help recover the funds, including the attacker. “We will examine our mistakes, but regret alone will not help affected users or secure the project,” the company wrote.