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Boltz shuts swap services after AI powered attacks
Bitcoin bridge Boltz has indefinitely halted its non-custodial swap service after months of AI-assisted probing culminated in several contained exploits and mounting losses, though users’ funds reportedly remained safe throughout the automated attacks. Boltz previously connected on-chain Bitcoin, Lightning, and Liquid, using a structure that kept users in control of their coins and offered refund paths. However, exploit-related losses hit the company’s balance sheet, undermining the business itself. The shutdown highlights how small crypto teams struggle against machine-speed attackers, potentially steering users toward large custodial platforms with deeper security resources and accelerating industry debates over automation, open-source defenses, and sustainable protection models.
Read Original Source ↗Crypto exploits siphon $1.1B in H1
Hackers drained a record $1.1 billion from cryptocurrency protocols in 212 onchain exploits during the first half of 2026, according to blockchain security firm Blockaid’s newly released investigative report. North Korea-linked groups accounted for about $609 million, with major breaches at KelpDAO and Drift Protocol. Ethereum and Solana-based platforms suffered the largest network-level losses, totaling roughly $658 million combined over the period. Blockaid notes exploit frequency surged from January to June, driven mainly by operational security lapses like privileged key misuse. Emerging threats include prompt injection attacks on AI agents and novel wallet delegation exploits bypassing established defenses.
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