Bitcoin enters its first institutional cycle, SALT's Shawn Owen says
SALT Lending's Shawn Owen says banks and credit unions are rushing into bitcoin as institutional demand builds.
Swiss Bitcoin Pay temporarily shut down its servers after a data breach exposed customer emails, bitcoin addresses and transaction history.
Swiss Bitcoin Pay has been forced to take its servers offline after a security breach on Monday, the company reported.
The business, which provides non-custodial bitcoin payment processing and is based in Neuchâtel, Switzerland, stated that client funds remain secure. However, it believes that attackers accessed customer email addresses, bitcoin addresses, IBANs, transaction records, and hashed passwords.
A malicious user has likely gained access to Swiss Bitcoin Payâs internal systems. As a precaution, we are temporarily shutting down our servers while we investigate and secure our infrastructure.
At this stage, we believe they may have accessed customer email addresses, BitcoinâŚ
The incident adds to a growing list of data breaches affecting bitcoin and financial technology firms. Last week, Revolut confirmed that an unauthorized party obtained customer passports, driver's licenses, verification selfies, and transaction histories after sending fraudulent requests from a legitimate government agency's email domain.
Trezor, a leading hardware wallet manufacturer, also warned last week that a breach at the third-party marketing platform used for its newsletters was enabling criminals to target customers with phishing attacks.
"A malicious user has likely gained access to Swiss Bitcoin Pay's internal systems ⌠As a precaution, we are temporarily shutting down our servers while we investigate and secure our infrastructure," Swiss Bitcoin Pay said on Monday.
The company added that; "User funds are safe, and any amounts owed to users will be fully returned."
Swiss Bitcoin Pay did not immediately respond to Bitcoin Magazine's request for comment.
The platform allows businesses to accept bitcoin payments quickly and easily using both on-chain transactions and the Lightning Network.
Criminals have increasingly been targeting data in 2026. Scammers in January were able to get hold of customer information via crypto wallet Ledger's payment processor Global-e to send phishing emails.
Crypto wallet provider SafePal last month also announced a data breach that involved unauthorized access to about 39,798 customers' order information, including personal details such as names, addresses and purchase data.
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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
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