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New Bitcoin Lightning Network Vulnerability Exposed: The Replacement Cycling Attack

New Bitcoin Lightning Network Vulnerability Exposed: The Replacement Cycling Attack

A new vulnerability termed as "replacement cycling attack" on the Lightning Network has been unveiled by a developer known as mononaut. The attack manipulates the transaction mechanism of the network, potentially causing financial loss to users. This revelation has led to the resignation of security researcher Antoine Riard from the Lightning Network development team. Despite the challenges, the network's locked-in value stands at $159.5 million, indicating its growing popularity since 2018.

BlueWallet is Sunsetting Its Lightning Node Connection to Lndhub

BlueWallet is Sunsetting Its Lightning Node Connection to Lndhub

Don't worry—BlueWallet is just another step toward self-custody and lightning nodes.

Block's Cash App Bitcoin Revenue Falls 7%

Block's Cash App Bitcoin Revenue Falls 7%

Jack Dorsey's Block Inc. reported a 7% reduction in Bitcoin sales in Q4, with its Cash App producing $25 million of BTC gross profit, down 25% YoY.

Australian Bitcoin ATMs Demonstrate Lightning Network

Australian Bitcoin ATMs Demonstrate Lightning Network

Coolangatta has its first Lightning Network-enabled Bitcoin ATM. Bitcoin Lightning ATMs operate like regular Bitcoin ATMs but faster. Crypto ATMs number 38,602, with 6,071 added in 2022.

Bitcoin Hits a 2-Month High as BTC Lightning Network Scales the Heights

Bitcoin Hits a 2-Month High as BTC Lightning Network Scales the Heights

After surging past $31,000, a scenario was last seen in March, momentum seems to be ticking in the Bitcoin market.

Top 10 Dapps on Ethereum Network Surpass 1 Million Daily Users

Top 10 Dapps on Ethereum Network Surpass 1 Million Daily Users

The top 10 decentralized applications on the Ethereum network have hit 1,017,760 daily active wallet users, according to data analytics company DappRadar.

Google Cloud Joins EOS Blockchain Network as a Block Producer Candidate

Google Cloud Joins EOS Blockchain Network as a Block Producer Candidate

Google Cloud will join the EOS community and has begun the process of becoming a block producer candidate for Block.one’s EOS public blockchain network.

PAID Network DeFi Platform Attacked as Hacker Gains $3 Million Of ETH After Minting $166 Million Of Tokens

PAID Network DeFi Platform Attacked as Hacker Gains $3 Million Of ETH After Minting $166 Million Of Tokens

PAID token crashed by over 75% instantly after the popular PAID Network DeFi protocol experienced a massive hack.

TON Developers Threaten to Go Rogue and Launch Network as Telegram Battles SEC Lawsuit

TON Developers Threaten to Go Rogue and Launch Network as Telegram Battles SEC Lawsuit

While the US Securities and Exchange Commission (SEC) may have temporarily succeeded in stopping the launch of Telegram’s TON network, can they really stop open-source technology?

United States Financial Regulators Sign Onto the Global Financial Innovation Network

United States Financial Regulators Sign Onto the Global Financial Innovation Network

In a joint report released by the US Securities and Exchange Commission on 24th October 2019, four US financial watchdogs have joined the Global Financial Innovation Network (GFIN).

Mastercard Will Support Direct Cryptocurrency Payments on its Network this Year

Mastercard Will Support Direct Cryptocurrency Payments on its Network this Year

Mastercard Inc has disclosed that preparations are underway to start supporting some cryptocurrencies directly on its network by the end of the year.

$100 Million of Tether Swapped from Tron Network to Ethereum Blockchain

$100 Million of Tether Swapped from Tron Network to Ethereum Blockchain

$100 million worth of Tether (USDT) has been transferred from the Tron network, a blockchain-based decentralized operating system, to the Ethereum blockchain.

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