BTCPay offers $190,000 bounty after bitcoin payment servers drained in exploit
BTCPay Server has launched a $190,000 bounty program following a security exploit that drained funds from Lightning network nodes. The project is working with security researchers and law enforcement to trace the stolen assets.
Why it matters
Highlights the ongoing security challenges in decentralized finance and the role of volunteer security teams in mitigating vulnerabilities.
The offer is open to anyone with useful information, including the attacker. The project asked people to write to its security address and said secure channels are available on request.
If several reports lead to a recovery, the bounty will be split with the victims according to how much each lost and how useful the information proved.
We're donating 0.21 BTC to @craigraw and 0.21 BTC to the Bitcoin Red Team for their responsible security disclosure of the recent critical vulnerability. In addition, friends and supporters of the BTCPay Server project have committed to funding a bounty to recover the stolen… pic.twitter.com/qhs8zwoCvM
The project is also paying the researchers who found the flaw, donating 0.21 BTC each to developer Craig Raw and to the Bitcoin Red Team fund.
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