Non-custodial Bitcoin bridge Boltz suspended its swap service on August 3 after a series of AI-assisted attacks caused losses for the bootstrapped five-person company. The team stressed that its non-custodial design kept customer funds safe, with all risk borne by the company. A group of veteran Bitcoiners has provided capital and engineering resources to take over the project, whose three original founders have all stepped down. The episode illustrates the growing difficulty for small open-source crypto services to cope with automated attackers using AI, while a recent study identified nearly 5,000 software issues across 390 Bitcoin-related projects.
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