--- title: "BTCPay urges users to shut down servers after reports of drained wallets" description: "CoinDesk reported that BTCPay, an open-source bitcoin payment tool, told users to switch off their servers after reports of drained wallets. The project said…" language: en canonical: "https://whycoinmoves.com/en/events/bitcoin-btcpay-bitcoin-payment-tool-tells-83271918f1e84a" published: 2026-11-02T04:46:57.000Z updated: 2026-11-02T05:47:01.000Z indexable: true --- # BTCPay urges users to shut down servers after reports of drained wallets CoinDesk reported that BTCPay, an open-source bitcoin payment tool, told users to switch off their servers after reports of drained wallets. The project said… Attributed sources: [CoinDesk]() ## Key facts CoinDesk reported that BTCPay, an open-source bitcoin payment tool, told users to switch off their servers after reports of drained wallets. The project said it is still investigating and has not given a loss figure or announced a fix, while its founder said the reports appear to involve versions older than 2.4.2. Evidence strength: Single source, 1 publisher group(s) (CoinDesk). After site detection, observed returns were 5 minutes: -0.06% (Nov 2, 2026, 04:46 → Nov 2, 2026, 04:51, UTC; Gate · USDT); 1 hour: -0.08% (Nov 2, 2026, 04:46 → Nov 2, 2026, 05:46, UTC; Gate · USDT) In the preceding 30 days, the 99th percentile of absolute hourly returns was 1.23% (OKX · USDT; cutoff Nov 2, 2026, 04:46, UTC). ## Returns after site detection | Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source | | --- | --- | --- | --- | --- | --- | | 5 minutes | -0.06% | -0.06% | 0.00 pts | Nov 2, 2026, 04:46 → Nov 2, 2026, 04:51 | Gate · USDT | | 1 hour | -0.08% | -0.08% | 0.00 pts | Nov 2, 2026, 04:46 → Nov 2, 2026, 05:46 | Gate · USDT | ## Historical hourly baseline | Metric | Value | | --- | --- | | Coverage | 100.0% (720/720) | | Median absolute hourly return | 0.14% | | 99th percentile of absolute hourly returns | 1.23% | | BTC beta | 1.00 | | Source / cutoff (UTC) | OKX · USDT / Nov 2, 2026, 04:46 | ## Claims and open questions - CoinDesk reported that BTCPay, an open-source bitcoin payment tool, told users to switch off their servers after reports of drained wallets. - According to CoinDesk, the project said it is still investigating and has not given a loss figure or announced a fix. - CoinDesk reported that the project's founder said the reports appear to involve versions older than 2.4.2. - Which specific versions of BTCPay are affected and whether newer releases such as 2.4.2 are confirmed safe, which an official project advisory would clarify. - The amount of bitcoin or other funds lost in the drained wallets, which the project has not disclosed and on-chain data or an official statement would confirm. ## Source evidence - [BTCPay, a bitcoin payment tool, tells users to switch off their servers after reports of drained wallets]() — CoinDesk; published Nov 2, 2026, 04:41; received Nov 2, 2026, 04:46 (UTC). ## Recent BTC events and market reactions - [Strangers send sub-dollar payments to Binance hacker wallets with messages]() — Published Nov 2, 2026, 05:18 (UTC) · Single source (1 publisher) · Security · 5m +0.13% / 1h -0.02% - [Bitcoin recovers toward $79,000 as markets absorb crypto's largest hack]() — Published Nov 2, 2026, 04:42 (UTC) · Single source (1 publisher) · Security · 5m +0.02% / 1h -0.07% - [US spot bitcoin ETFs see $643 million outflow after Binance hack]() — Published Nov 1, 2026, 16:01 (UTC) · Multiple publishers (3 publishers) · Security · 5m +0.01% / 1h +0.16% - [Binance begins phased crypto withdrawals, starting with bitcoin, after $6.3 billion hack]() — Published Nov 1, 2026, 10:35 (UTC) · Single source (1 publisher) · Security · 5m -0.02% / 1h -0.16% - [Strive CEO says Binance hack hasn't changed his long-term Bitcoin case]() — Published Oct 31, 2026, 15:26 (UTC) · Single source (1 publisher) · Security · 5m +0.09% / 1h +0.13% / 24h +0.75% - [Full coin archive]() ## Research for this archive - [Crypto hacks and price impact: Bybit and Cetus case studies]() - [Why is crypto moving? How to check the evidence]() - [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns]() - [Will Bitcoin go back up? Every crash since 2011 and its recovery time]() Evidence levels describe source coverage, not the probability that a report is true. Price moves and their timing cannot establish a cause; minute samples show an observed interval and alert thresholds are heuristics. Explanations are model-assisted, with citations and figures checked. Source titles stay in their original language; full articles are not republished. [Methods and limitations]()