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LNbits Suspends All Hosted Wallets, Targets 24-Hour Restoration
LNbits says it will restore all hosted services within 24 hours after suspending every instance on my.lnbits.com on Nov. 9 to prepare security patches for its Lightning wallet platform.

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LNbits announced on Nov. 9 that it expects to restore all hosted services within 24 hours.
Every instance on the my.lnbits.com software-as-a-service platform was suspended for security reasons.
The suspension followed an earlier LNbits warning telling operators to take servers offline.
The team said it needed time to prepare security patches and asked users to remain cautious.
LNbits expects to restore all hosted services within 24 hours, according to a Nov. 9 announcement, after suspending every instance on my.lnbits.com for security reasons.
The move took down the project's entire software-as-a-service footprint in one stroke. Users who run wallets or accounts through the hosted platform lost access while the team works through the recovery. Self-hosted deployments, which run on operators' own infrastructure, sit outside the affected surface.
LNbits builds wallet and account tooling for the Lightning Network, the payments layer built on top of Bitcoin. Its hosted offering at my.lnbits.com lets users spin up Lightning wallet instances without running their own servers. That convenience is exactly what made Sunday's shutdown a single point of failure for everyone on the shared platform.
Why did LNbits pull the plug?
The suspension did not come out of nowhere. It followed an earlier warning from the project telling operators to take their servers offline. In that warning, LNbits said its team needed time to prepare security patches, and it asked users to remain cautious in the meantime.
The project also said it would provide an update as soon as possible. The Nov. 9 announcement is that update, and it carries a concrete commitment: a 24-hour window to bring hosted services back online.
The sequence suggests a defensive posture rather than a routine maintenance stop. Pulling every hosted instance, warning operators to power down, and holding users at arm's length until patches land — that is the playbook of a team that found something it did not want live while it fixed it.
What does this change for users?
The practical question for anyone with funds or accounts on my.lnbits.com is simple: what does this change for me, day to day? For now, access to hosted wallets is suspended across the board, and the project has set expectations that normal service resumes within roughly a day of the Nov. 9 announcement.
Users should treat that window as a target rather than a guarantee. LNbits has asked for caution while patches are prepared, and anyone relying on the hosted platform for payment flows may want to plan around the downtime until the project confirms full restoration.
For the wider Lightning ecosystem, the incident is a reminder of the trade-off built into hosted wallet infrastructure. Self-hosting an LNbits instance means absorbing the operational burden yourself, but it also means a provider-side security event does not take your service down with it. Hosted convenience concentrates risk in one place, and this week that concentration became visible.
What comes next?
LNbits has committed to the 24-hour restoration window announced Nov. 9, and users should watch for confirmation that all my.lnbits.com instances are back online before resuming normal activity on the platform.
via tokenpost.com (Source)
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Senior reporter covering money, funding and market shifts around crypto and web3 industry at Mempool Brief.
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