Sounds likely, but not due to the bad bridge ID, but rather one of the other two current known hue problems. . It turns out that that actual problem isn’t the hue bridge itself. It’s just the volume of messages that have been introduced by changing the polling of the hue bridge from once every five minutes to once every five seconds. There were some reports that people were having the same problem with Sonos even if they didn’t have a hue bridge. It’s just the ST hub getting flooded and losing track of where it is and in some cases even rebooting.
It does raise the question of whether the new polling was ever tested with a hue bridge that had the max 50 devices on it.