non-custodial

Peach Bitcoin

2026-08-31 22:31:50

Peach Bitcoin to shift platform operations as Swiss regulators revisit no-KYC framework

Peach Bitcoin said Swiss regulators are seeking a fresh review of the compliance framework under which its no-KYC peer-to-peer Bitcoin platform has been allowed to operate since 2022. In response, the company said it will temporarily step out of the escrow process starting Sept. 1, 2026, and move to a non-custodial model while it pursues an appeal. Under the temporary setup, only users who have completed KYC, received manual whitelist approval, or meet transaction history requirements will be able to create sell offers. Sellers who have not completed KYC will be limited to one active trade at a time. Buying will remain open to all users, with a cap of 500 Swiss francs per transaction and a maximum premium of 6%. Peach Bitcoin added that its in-app dispute resolution system will remain available, though the company will no longer sign in escrow. It said it will continue charging a 2% fee on released trades. Founder @proofofsteph said the company will not immediately abandon its no-KYC model, will communicate its position to regulators, and will comply if the appeal ultimately fails.

860

Solana

2026-08-30 06:35:29

Avici hit in Solana exploit as card collateral vault is drained and token drops 49%

Avici, a crypto neobank on Solana, was exploited after an attacker chained together a series of contract calls to withdraw funds from its card collateral vault, according to a CoinDesk report published on Aug. 29. The project had previously stated in its documentation that only a user’s own wallet could move those card collateral funds. Reported losses vary, with estimates ranging from about $650,000 to more than $1.1 million. Avici later said on X that it was dealing with an issue affecting card balance withdrawals and, in a follow-up statement, traced the root cause to a flawed, outdated Solana card contract supplied by issuing partner Rain. The contract, which Avici said had also been used by a small number of other programs, has since been fully upgraded. Avici said it will fully reimburse 1,685 affected users. Following the incident, the AVICI token fell about 49% from its 24-hour high, putting renewed focus on the gap that can open up between non-custodial marketing claims and the actual design of contract permissions.

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Boltz

2026-08-13 01:43:14

Boltz to be taken over by new team after service suspension, original founders step down

Boltz, a non-custodial Bitcoin cross-chain bridge, said it will be taken over by a new team after suspending its swap service, saying its five-person bootstrapped startup could no longer withstand the current intensity of attacks over the long term. The project said a group of experienced Bitcoin professionals has offered funding and engineering support and agreed to continue operating Boltz. The company said work on vulnerability fixes has started and that the goal is to restore swap services as soon as possible. At the same time, Boltz said its swap service will remain offline until further notice. Its API is still available for cooperative refunds, while unilateral refunds do not depend on Boltz infrastructure. Boltz also said the three original founders — Kilian, Michael, and Karl — have all stepped down effective immediately and will hold no formal roles going forward. According to the project, it has faced months of automated and AI-assisted infrastructure probing and has dealt with multiple attacks that were contained. After conducting security scans, the team said it could not responsibly bring the service back online yet. Boltz added that user funds were not at risk because the protocol is non-custodial, and any losses will be borne by the team.

1280

Boltz

2026-08-12 21:35:29

Boltz founders step aside as unnamed Bitcoin group moves to take over suspended swap service

Boltz said Wednesday that all of its original founders have stepped down and that an unnamed group of 「veteran Bitcoiners」 has agreed to take over the suspended Bitcoin swap service. The incoming operators are expected to bring both capital and engineering support as the company works through vulnerabilities that led to the shutdown. The service was suspended on Aug. 3 after what Boltz described as months of increasingly frequent, intense, and sophisticated AI-assisted attacks. Some of those attacks succeeded and caused losses, the company said, though it added that user funds were never at risk because Boltz operates as a non-custodial service. As of Wednesday, swaps were still offline. Boltz’s web app continued to show 「Swap Services Disabled,」 while its outage notice said the API remained available for cooperative refunds and that unilateral refunds do not depend on Boltz infrastructure. The company also said support remained reachable. Boltz’s documentation shows its software supports swaps involving Lightning, bitcoin, and Liquid bitcoin, with a broader library referencing RBTC, WBTC, USDT, and USDC as supported currencies.

1750

Morph

2026-08-12 01:05:40

Morph launches non-custodial stablecoin payments platform Morph Payments

Morph has introduced Morph Payments, a non-custodial stablecoin platform for digital commerce. It lets businesses and freelancers receive, send, and manage stablecoin payments through their own self-custody wallets, with funds settling directly on-chain. The platform never takes custody, so companies keep control of their assets. A unified dashboard supports Payment Links, Invoices, USDC and USDT payments, and 24/7 settlement. Stablecoins received through Morph Payments can also be routed into Morph's ecosystem for on-chain trading and yield strategies.

1830

Boltz

2026-08-04 22:48:49

Boltz suspends Bitcoin swap service indefinitely after stepped-up attack activity

Boltz, a non-custodial Bitcoin swap service, has suspended its Bitcoin exchange service indefinitely and said it cannot provide a timeline for when the feature might return. The company said the service will remain offline until further notice. Boltz lets users move Bitcoin between the Lightning Network and the Bitcoin base layer without taking custody of customer funds during the process. According to the company, its infrastructure has faced a sustained rise in automated and AI-assisted probing over the past few months, and it has already handled multiple exploitation incidents. Boltz said each incident was contained, but added that attackers have been iterating faster than its team can identify and patch vulnerabilities. The pace of attacks increased over the past few days, the company said. After reviewing recent security scan results, Boltz concluded that it could not responsibly bring the swap service back online at this stage. Its API remains available for cooperative refunds, unilateral refunds still work because they do not rely on Boltz infrastructure, and customer support remains available.

1680

Boltzhq

2026-08-03 19:01:52

Boltz suspends swap service indefinitely after reporting AI-assisted attacks

Boltzhq has suspended its swap service indefinitely after reporting a rise in AI-assisted attacks and several exploit attempts that it said were already contained. The company said user funds were never at risk because the platform uses a non-custodial design. Still, the suspension has disrupted services for wallets that rely on Boltz for Lightning Network swaps. Those affected include AquaBitcoin and BULLBITCOIN, which are facing interruptions while alternative infrastructure is being deployed. The update points to operational strain on dependent services even though Boltz said customer assets were not exposed.

1820

MoonPay

2026-07-31 16:55:51

MoonPay launches PayBox for crypto payments through AI assistants

MoonPay has introduced PayBox, a non-custodial payment vault that lets users carry out crypto transactions and online purchases through AI assistants including ChatGPT and Claude. The product supports Solana as well as Ethereum Virtual Machine-compatible networks, extending its reach across multiple blockchain environments. PayBox works through custom connectors and natural-language commands, allowing users to instruct AI tools to handle specific payment and transaction tasks. To control those permissions, users can set Passkey-based authorization and spending limits. The product also supports a range of use cases beyond basic transfers, including digital asset purchases, cross-chain bridging, and commercial payments such as booking flights and restaurant reservations. For security, private keys are stored using multi-party computation shard storage, according to the report cited by Techub News from crypto.news.

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