Swiss Bitcoin Pay, a payment firm based in Neuchâtel, Switzerland, has taken its servers offline as a precautionary measure following a potential breach by a malicious user. The company, which facilitates on-chain and Lightning payments for merchants, made the decision to shut down its platform temporarily while it investigates the security incident.
According to a post on X, Swiss Bitcoin Pay disclosed that the attackers may have gained access to customer email addresses, Bitcoin addresses, IBANs, transaction history, and hashed passwords. It is not yet clear if any other sensitive information was compromised during the breach. The company assured its users that their funds are safe and that any outstanding amounts will be fully refunded.
Swiss Bitcoin Pay emphasized that all payments made through its platform are directly transferred to merchants’ wallets, and they are committed to returning any owed amounts to users. As the investigation and security measures are ongoing, the firm has not provided a specific timeline for when the service will be restored.
Established in late 2022, Swiss Bitcoin Pay operates as a non-custodial Bitcoin payment processor, prioritizing the security and privacy of its users’ financial information. The company is working diligently to address the breach and strengthen its infrastructure to prevent future incidents.
For the latest updates and news, users can follow Swiss Bitcoin Pay on X, Facebook, and Telegram. To stay informed about any developments, subscribers can sign up to receive email alerts directly to their inbox.
As Swiss Bitcoin Pay continues to address the security breach, users are encouraged to remain vigilant and monitor their accounts for any suspicious activity. The company is dedicated to ensuring the safety and integrity of its platform for all users.
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