Olaoluva Osuntokun, Technical Director of Lightning Labs and ACINQ, confirmed the cases of practical exploitation of the vulnerability in the Lightning Network protocol, the existence of which became known at the end of August. In a message on the Linux Foundation portal, Osuntokun noted that cases of exploitation of the vulnerability in the Common Vulnerabilities and Exposures database were indeed recorded, and again reminded of the need to update clients to […]
Author: BlockchainJournal
Many miners again began to return to bitcoin mining against the backdrop of the restoration of the coin's exchange rate on the market. BTC is trading above $ 10,000, the coin added during the spring-summer of 2019. If in the second half of last year, miners , on the contrary, went out of production, since bitcoin was falling in price, and some skeptics were already betting this asset to collapse, then this year the situation has improved significantly. From today's @fundstrat Bitcoin mining update … – @BITMAINtech Antminer S9's cash and total cost of mining 1 $ BTC = $…
The New York crypto exchange Gemini, which was founded 5 years ago by the Winklevoss brothers, launched its own custodial service Gemini Custody. A press release from Gemini says that the new custodian solution will allow customers to check balances, initiate withdrawal operations, and it also rewards auditors who monitor activity on the service and transactions. Through this service, customers will also be able to trade on Gemini. Custodial users received access to 18 assets, including BTC, BCH, ETH, LTC, Zcash and ERC-20 tokens. Note that only the aforementioned assets and the Gemini Dollar are represented on Gemim. We recognized…
Netki's Digital Identity Service Provider has made changes to its functionality to ensure customers comply with FATF standards. Two new functions have been added to the TransactID service: the ability to split a user's certificate of identity into smaller pieces of personal information (PII) and the right of senders and recipients of funds to request PII from each other. “There used to be one major atomic transaction in which the parties exchanged […]
It is reported that the South Korean electronic giant LG is working with blockchain developers to launch a rival smartphone Samsung Klaytn. It is assumed that LG has already held discussions with local developers of decentralized applications (DApp) and have chosen the option of using their future product. This news came a week after the publication that the Korean messaging service Kakao Corp is preparing to deploy the blockchain on the upcoming Samsung Note 10 smartphone. Known as the Klaytn Phone, the device will be provided with a wallet that supports the KLAY token , developed by third-party operator Kakao…
The developer of equipment and software for the blockchain system of electronic voting at the elections to the Moscow City Duma, the company "CryptoPRO" called the cause of its failure a violation of the rules of operation of the equipment. This was announced by RBC representatives of the company. According to them, the Department of Information Technology (DIT) did not configure the possibility of using a backup system in case of failure of the main, despite the availability of necessary funds. The DIT with charges not […]
Tether launches a new stablecoin called CNHT. The company announced this on Monday on its Twitter. CNHT will be tied to an offshore renminbi, that is, a renminbi that trades outside the main territory of China. Initially, CNHT will be presented as an ERC20 token on the Ethereum blockchain. “Expanding,” Tether Technical Director Paolo Ardoino writes on Twitter. According to The Block , in addition to the existing USDT and EURT, Tether also intends to issue a stablecoin JPYT pegged to the Japanese yen. Market participants told The Block that the release of CNHT against the backdrop of stringent government…
According to data from Bloomberg, the stablecoin from Facebook will be pegged to the US dollar, euro, Japanese yen, British pound, and Singapore dollar, but the Chinese yuan was not included in the asset basket. This Facebook decision is related to the statement made by American politician Mark Warner that China could persuade the Libra Association to add the national currency to its stablecoin asset basket. Warner noted that the PRC was trying to put pressure on the authorities of states around the world in terms of adding fiat currency of the PRC to their reserves. For this reason, the…
In August, representatives of the People’s Bank of China announced that the country's sovereign digital currency was almost ready to launch after five years of development. Mu Changchun, the deputy head of the payment department within the central bank, emphasized that a prototype digital currency (CBDC) was ready, and the department’s research group had fully worked out the blockchain architecture for him. It is noteworthy that this statement was made shortly after the publication of the Libra documentation from Facebook . Thus, it is possible that the Chinese authorities saw a certain threat in the means of payment from the…
Bitmain, the largest producer of mining equipment, has released two new ASIC models for Bitcoin mining . Should I buy a new product? The new models are called S17e and T17e. According to the company, both models underwent major improvements that increased the efficiency, stability and durability of the devices. Take a look at key features The hash rate of the S17e is 64 TH / s and the energy efficiency is 45 J / TH. For the T17e, these numbers are 53 TH / s and 55 J / TH, respectively. Both models also have a dual-temperature temperature dispersion…