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Swiss Bitcoin Pay Shuts Down Servers Following Data Breach

Bitcoin Magazine ·

Swiss Bitcoin Pay, a non-custodial Bitcoin payment processor based in Neuchâtel, Switzerland, has temporarily suspended its servers after a data breach occurred on Monday. The company stated that while user funds remain secure, sensitive customer information including email addresses, Bitcoin addresses, IBANs, transaction histories, and hashed passwords may have been compromised. The firm is currently investigating the incident to secure its infrastructure. This breach follows a series of recent security incidents affecting other fintech and Bitcoin-related companies, such as Revolut and Trezor.

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Summaries are written by AI from the original article. Not investment advice.

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