LNbits Rushes Out Patch After Bitcoin Wallet Theft Incident

November 11 — According to Cointelegraph, Bitcoin Lightning Network wallet platform LNbits has urgently released version 1.7.0 followinga recent wave of attacks that led to stolen funds, and is urging users to update immediately. LNbits warned that the vulnerability affects all earlier versions, and that upgrading alone will not protect users whose credentials have already been compromised; it recommends resetting wallet keys, changing related credentials, and migrating servers if a breach is suspected.

LNbits founder Ben Arc said the team is working to respond after losses suffered by users and the team. Some users reported that attackers used their LNbits instances to create new accounts and stole about 0.023 BTC.