Swiss Bitcoin Pay Shuts Down Servers After Data Breach

Bitcoin Magazine

Swiss Bitcoin Pay Shuts Down Servers After Data Breach

Another day, another data breach. 

Swiss Bitcoin Pay, a non-custodial bitcoin payment processor, said that it had to temporarily shut down its servers following a data breach on Monday. 

The Neuchâtel, Switzerland-based company said that user funds were safe but customer email addresses, bitcoin addresses and IBANs, transaction history, and hashed passwords were believed to be breached. 

The announcement comes amid a run of breaches hitting bitcoin and fintech firms. Revolut confirmed last week that it handed customer passports, driver’s licenses, verification selfies and transaction histories to an unauthorized party that sent fraudulent requests from a legitimate government agency’s email domain. 

And top hardware wallet manufacturer Trezor last week warned that a data breach at the third-party marketing platform it uses for sending newsletters was leading 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 company lets businesses 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.

This post Swiss Bitcoin Pay Shuts Down Servers After Data Breach first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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