Bitcoin Payment Processor Btcpay Reports Hot Wallet Exploit
Btcpay has issued an emergency shutdown after attackers targeted vulnerabilities in older versions of its software.
Btcpay has issued an emergency shutdown after attackers targeted vulnerabilities in older versions of its software. Bitcoin (BTC) is trading at $78,544.00, up 0.2% since this brief published. This is an original TLT brief based on reporting by Bitcoin.com, with live market data added, as of Mon, 02 Nov 2026 04:15:02 UTC.
The incident highlights the ongoing security risks for self-hosted crypto payment processors and the potential financial impact on users who may have lost funds.
- Btcpay detected unauthorized bitcoin withdrawals from hot wallets on Nov 1, 2026.
- Attackers exploited vulnerabilities in software versions before 2.4.2.
- Public servers running version 2.4.7 appear unaffected.
- Bitcoin's 24h price rose 0.95% despite the security incident.
On November 1, 2026, Btcpay, a
Bitcoin payment processor, announced an emergency shutdown after discovering unauthorized withdrawals from hot wallets. The company attributed the security breach to vulnerabilities in software versions before 2.4.2.
Founder Nicolas Dorier clarified that public servers running the latest version 2.4.7 were not affected by the attack. This suggests that users who kept their software updated may have avoided losses.
While the exact number of affected users and the total value of stolen funds remain undisclosed, the incident raises concerns about the security of self-hosted crypto payment solutions.
The news comes amid a relatively stable market environment, with Bitcoin's price showing a 0.95% increase over the past 24 hours to $78,408. The overall crypto market cap stands at $2.7 trillion.
This incident highlights the persistent security challenges in the crypto payments space and underscores the importance of regular software updates and security audits for businesses and users.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from $78,408.00 to $78,544.00 — +0.17%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin reach $80,000 in November?
Crowd-implied probability on Polymarket, $229.21K 24h volume, resolves Dec 1 — snapshotted when this brief published (Nov 2 03:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by TLT and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₦108.21M (about $78,544.00), up 1.1% over 24 hours. The naira itself trades about 2.2% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Bitcoin Payment Processor Btcpay Reports Hot Wallet Exploit — questions & answers
What versions of Btcpay were affected by the attack?
Software versions before 2.4.2 were affected; version 2.4.7 remains secure.
How much bitcoin was stolen in the Btcpay attack?
The exact amount stolen has not been disclosed.
What is Btcpay's response to the security breach?
Btcpay has initiated an emergency shutdown to address the vulnerability.
How much is 1 Bitcoin worth in naira today?
About ₦108.21M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $78,544.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.17% since this brief first published — trading at $78,544.00 now versus $78,408.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Bitcoin.com. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.
