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Bitcoin’s Lightning Network Is Vulnerable to ‘Looting’: New Research Explains
6.7.2020
Computer scientists Jona Harris and Aviv Zohar have examined the Lightning Network's "flood and loot" attack which preys on Bitcoin congestion
App Connects Bitcoin and Lightning Payments Directly to Your Bank Account
6.7.2020
The Strike app hopes to encourage mass adoption of the Bitcoin and Lightning Network by connecting it directly to a bank account or debit card
Encryption Crackdown: Private Phone Network With 60,000 Users Dismantled by Law Enforcement
6.7.2020
An international law enforcement team has brought down an encrypted phone network with 60,000 users worldwide. The platform was one of the largest providers of encrypted communications, widely used by organized crime groups. UK’s National Crime Agency (NCA), Europol, Eurojust, and several...
Over 2,500 Austrian Merchants Can Now Accept Cryptocurrency Payments
4.7.2020
More than 2,500 merchants in Austria can accept three types of cryptocurrencies via the payment processor Salamantex. The company explained that the system was tested with a number of select A1 5Gi network shops. Since the Covid-19 outbreak, contactless payments have been trending more so than they...
The IRS Investigation Division Is Requesting Information About Privacy-Centric Cryptocurrencies
4.7.2020
The United States tax agency has published a request for information pertaining to privacy-centric cryptocurrencies and technologies that obfuscate crypto transactions. The IRS-CI Cyber Crimes Unit request is also asking for information in relation to “layer two offchain protocol networks...
Authorities Take Down Biggest Criminal Chat Network Yet
2.7.2020
Authorities across Europe take down an organized crime syndicate that used an encrypted chat network to coordinate their illicit activities
‘Running Drivenet:’ Bitcoin Proponent Discusses the Benefits of Drivechain Versus Lightning Network
2.7.2020
During the last few days, a number of cryptocurrency supporters have been discussing Paul Sztorc’s Drivechain project, also referred to as “Drivenet.” The Drivechain project has been a work in progress for years now, and just recently Sztorc published a new version of the Drivenet...
CNET Founder Launches Public Blockchain Network With Dollars Baked In
2.7.2020
Public Mint puts dollars on the blockchain so users can use money whether or not they have bank accounts
Kyber Network Doubles in a Month as Platform Upgrade Nears
2.7.2020
On a day when major cryptoassets like bitcoin (BTC) and ethereum (ETH) barely moved at all, the decentralized token swap protocol Kyber Network’s KNC token saw a massive rise in price for the fifth consecutive day as the launch of its Katalyst platform upgrade got closer.
The token, ranked 37th...
Market Wrap: As Traditional Markets Rally, Bitcoin Gets Boring
1.7.2020
Equities show strength as bitcoin stays rangebound above $9,000
Cryptography Startup Brings Private Payment Channels to Tezos Blockchain
1.7.2020
Cryptography firm Bolt Labs has launched a private payment solution, zkChannels, on Tezos
Iota Enters First Phase to Become ‘Fully Decentralized Network’ by 2021
30.6.2020
Iota Foundation expects to remove network Coordinator and become a “fully decentralized network” by Q1 2021
IOTA Takes Step Towards Decentralized Network
30.6.2020
IOTA (MIOTA) has announced the release of Pollen, the first phase towards IOTA 2.0, its decentralized network that is expected to arrive in the first half of the next year.
IOTA is continuing its path towards the so-called 'Coordicide' - the death (that is, the removal) of the Coordinator, which...
Researchers Say New Lightning Network Attack Could Create ‘Chaos’
29.6.2020
The Lightning Network is susceptible to attacks that could drain Bitcoin wallets by flooding the blockchain
Blockchain Project Kyber Unveils Date for Planned ‘Katalyst’ Protocol Upgrade
29.6.2020
The protocol upgrade includes changes to staking and governance
Kyber Network Sets Date for Launch of Katalyst Protocol Upgrade
29.6.2020
The Katalyst protocol upgrade will include the changes in the in-house token model to attract more participants
Matic Network Aims for 80% Token Lockup in New Staking Program
28.6.2020
The first iteration of Matic Network's staking program is now live, and has already allocated 12% of its token supply to the project
SIA and Quant Network Successfully Test Blockchain Interoperability
28.6.2020
European payments platform SIA partners with Quant Network to establish blockchain interoperability solutions for financial institutions
Federated Sidechains: $8M in BTC Stuck in Limbo, Analyst Says Action ‘Violates Liquid’s Security Model’
28.6.2020
Liquid, the sidechain network developed by the company Blockstream, saw 870 bitcoins ($8 million) frozen in moderation queue due to a seizure from a number of the network’s functionaries. The founder of the Summa project, James Prestwich, explained on Twitter that the emergency 2-of-3...
Timothy C. May: Libertaria in Cyberspace
27.6.2020
Here are a few points about why “cyberspace,” or a computer-mediated network, is more hospitable than physical locations for the kind of “crypto-anarchy” libertarian system I’ve been describing. Several folks have commented recently about ocean-going libertarian...