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#self-hosted wallets

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BTCPay Urges Users to Shut Down Servers Following Reports of Drained Bitcoin Wallets
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BTCPay Urges Users to Shut Down Servers Following Reports of Drained Bitcoin Wallets

Key Highlights BTCPay Server urged merchants and users on Sunday to immediately shut down their servers following reports of security exploits. Attackers have targeted and begun draining funds from internet-connected “hot wallets” deployed on user-hosted instances. The vulnerability directly exposes automated transaction environments where merchant recovery seeds are kept on active servers to facilitate payouts. ...

BTCPay Server Urges Users to Shut Down Following Reports of Hot-Wallet Sweeps
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BTCPay Server Urges Users to Shut Down Following Reports of Hot-Wallet Sweeps

Key Highlights: BTCPay Server operators are responsible for their own security actions due to the platform’s self-hosted architecture and server-based hot-wallet signing keys. A fresh alert follows an earlier August exploit where attackers stole funds from LND node operators using compromised credentials obtained via a flaw fixed in version 2.4.2. While BTCPay previously stated its ...

Proposed French Tax on Regulated Stablecoins Risks Driving Crypto Traders Offshore
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Proposed French Tax on Regulated Stablecoins Risks Driving Crypto Traders Offshore

Key Highlights: France’s finance committee has backed legislative amendments including mandatory reporting for self-hosted crypto wallets holding at least €100,000 and the expansion of the national exit tax to crypto portfolios worth around $900,000. Francois Volpoet, Chainalysis’ CEO for France, cautioned that aggressive measures could backfire by driving activity into decentralized finance and flagged severe ...