Swiss Bitcoin Pay shuts down servers after suspected breach

Swiss Bitcoin Pay, the Neuchâtel-based Bitcoin payment processor, temporarily pulled the plug on its servers following a suspected data breach. No customer funds or private keys were reported at risk. What we know so far Swiss Bitcoin Pay Sàrl operates as a licensed Financial Intermediary in Switzerland, providing merchants with tools to accept Bitcoin payments through both on-chain transactions and the Lightning Network. The company charges 1% on payments retained in Bitcoin and 1.5% when merchants opt for automatic conversion to fiat currency. No official statement has been released detailing the scope of the suspected breach, the type of data potentially exposed, or the number of users who might be affected. The company’s core architecture is non-custodial, meaning payments flow directly to merchants’ personal wallets rather than sitting in Swiss Bitcoin Pay’s accounts. The company’s app, which is open-source and available on both iOS and Android, remains accessible alongside its merchant API. Minor security updates have reportedly been pushed through in the wake of the incident. A pattern in the Swiss crypto ecosystem In August 2026, Pocket Bitcoin, a separate but related servi...