LNbits Releases Version 1.7.0 Following Security Breach

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LNbits has released version 1.7.0 following a reported security breach that resulted in the theft of user funds. The platform warned that all earlier versions are vulnerable and urged users to update immediately. Users with compromised credentials are advised to reset their keys and migrate servers if necessary. One user confirmed that attackers used their LNbits instance to steal 0.023 BTC. The network upgrade aims to fix the vulnerability, but affected users must take additional steps to secure their accounts. Founder Ben Arc said the team is working to resolve the issue after both users and the team suffered losses.

Odaily Planet Daily reports that, following a recent funds theft attack, LNbits, a Bitcoin Lightning Network wallet platform, has released version 1.7.0 and urges users to update immediately. LNbits warns that the vulnerability affects all earlier versions; upgrading alone cannot protect users whose credentials have already been compromised. Users are advised to reset wallet keys, replace related credentials, and migrate servers if server compromise is suspected. LNbits founder Ben Arc stated that the team is working to respond after users and the team suffered losses. Some users reported that attackers exploited their LNbits instances to create new accounts and stole approximately 0.023 BTC.

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