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Lightning Network

Hebrew Univ Researchers Find Lightning Network Attack to Steal Funds Locked in Payment Channels

TL;DR: Hebrew University researchers found "a systemic attack on the Lightning Network that allows stealing funds that were locked in payment channels," whereby an...

Honest Lightning Network Users Beware: Bitcoin Core Contributors Reveal Three Ways an Attacker Can...

TL;DR: Bitcoin Core developers connected to Chaincode Labs recently published the latest Lightning Network (LN) security vulnerability based on so-called time-dilation. Their research concluded...

Ethereum Holds 4x BTC Than Lightning Network; Iran Bitcoin Mining Strategy; Reddit Founder Praises...

TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. Ethereum holds 4x the bitcoin in the Lightning Network. President of Iran...

New Method for Stealing Money From Lightning Network Nodes Disclosed by Square Developer

TL;DR: Square Crypto open source engineer Matthew Corallo disclosed an attack on Lightning Network (LN) nodes "discovered during a discussion about allowing LN commitment...
Lightning Network

Lightning Network Privacy in Grave Doubt: Attacker Can Easily Get Channel Balances; Design Flaws

TL;DR: University researchers from Luxembourg and Norway, England and the United States, examined privacy aspects of the BTC second layer scaling solution, Lightning Network...

Lightning Network Snubbed: More BTC Now Held on Blockstream Liquid Sidechain

TL;DR: More BTC is being held on Blockstream's Liquid Sidechain than the Lightning Network (LN), according to two sites tracking such information, Liquid.net and...

Twitter CEO’s Square Crypto Launches Developer Funding for Bitcoin Core, Lightning Network

TL;DR: "We support bitcoin by building developer toolkits," Square Crypto explained in a recent statement, "contributing to the Lightning Network and Bitcoin Core, and...

TOP CRYPTO TWEETS: BTC Maxis Turn Against Lightning Network, and the Irony is Noted

TL;DR: CoinSpice scours the Twittersphere to shine light upon the top crypto tweets of the week. BTC maxis are beginning to turn against Lightning Network...

BitMEX Launches New Penalty Transaction Alert System Over Lightning Network Concerns

TL;DR: Cryptocurrency exchange BitMEX determined their previous Lightning Network (LN) penalty transaction alert system could be manipulated "by users artificially generating this transaction type...
Lightning Network

University Researchers: Lightning Network is Economically Irrational and has Privacy Shortcomings

TL;DR: The Institute for Computer Science and Control (SZTAKI) in Hungary released, A Cryptoeconomic Traffic Analysis of Bitcoin’s Lightning Network. The 21-page study examined...