Boltz Suspends Swap Services Amid AI-Assisted Exploits

Boltz, a non-custodial Bitcoin (BTC) bridge connecting the main chain with the Lightning Network and Liquid sidechain, has indefinitely suspended its swap services due to relentless AI-assisted exploits.

The service's team acknowledges that they've been unable to keep pace with the rapid iteration of attacks, which have outstripped their ability to develop and deploy patches. In a statement, Boltz clarified that no user funds were lost during the incidents, as the platform is non-custodial by design.

The company warns that AI-assisted attacks pose a growing threat to crypto companies operating with open-source codebases, which may struggle to keep up with the evolving landscape. 'What we are seeing is a major paradigm shift for Bitcoin services operating on an open source stack,' Boltz said in a statement.