Hacker Exploits Flaw in Decentralized Bitcoin Exchange Bisq to Steal $250K

Coindesk | Apr 8, 2020 at 1:12 PM
  • Decentralized exchange (DEX) Bisq rang the alarm bells last night after a hacker exploited a significant software flaw to steal more than $250,000 worth of cryptocurrency from users.
  • Bisq, which allows users to exchange crypto anonymously, abruptly disabled trading late Tuesday night after it uncovered “a critical security vulnerability.”
  • Although Bisq’s developers had suspended trading, the exchange’s decentralized nature means users could override the suspension should they wish.