Boltz Founders Step Down as Bitcoin Group Takes Over Suspended Swap Service

Boltz's original founders have stepped down, and an unnamed group of veteran Bitcoiners has agreed to take over the suspended Bitcoin swap service, the company announced Wednesday. The incoming operators will contribute capital and engineering resources to stabilize and improve the platform. The service is currently offline as efforts continue to identify and address security vulnerabilities that led to recent attacks, which Boltz stated caused losses to the company. This transition aims to restore the service's functionality and security, ensuring continued support for Bitcoin swaps within the ecosystem.