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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.

Deloitte Leverages Zero-Knowledge Proof On New Eduscrypt Platform

Deloitte Leverages Zero-Knowledge Proof On New Eduscrypt Platform

Deloitte has partnered with cryptography startup Qedit to leverage zero-knowledge proof privacy tech on its new qualification information blockchain platform.

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