LNbits Security Patch Released After Bitcoin Wallet Theft

The Bitcoin Lightning wallet platform LNbits has urged users to update their software to version 1.7.0 following reports of attacks on its servers that resulted in the theft of funds. This update is described as critical for addressing vulnerabilities and enhancing authentication, plugin management, and payment processing. LNbits warned that if user information has been compromised previously, simply updating the software will not be sufficient. Ben Ark, the creator of LNbits, stated that they have faced challenges in recent days while trying to release the new version. The LNbits team initially warned operators to disable their Paywall plugin and then requested users to shut down their servers. The company also took its hosted servers offline. Specific details about the exploit and the number of affected individuals have not yet been disclosed. LNbits announced that the vulnerability affects all versions prior to 1.7.0 and puts users' funds at risk. Users are also advised to reset their wallet keys and change sensitive information. One user reported that attackers exploited his server and withdrew approximately 2.3 million satoshis. The company stated that a report with detailed information about this exploit will be published.

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