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Developers working on the Bitcoin layer 2 Lightning Network have become less security-oriented and more focused on producing cash flow for their investors, argues a former Lightning Network developer. Bitcoin core developer and security researcher Antoine Riard, made headlines last month after leaving the Lightning ecosystem over concerns about a new attack vector called “replacement cycling,” which exploiters
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Top Stories This Week US officials announce $4.3B settlement with Binance, plea deal with CZ Binance and its co-founder, Changpeng “CZ” Zhao, have reached a settlement over criminal and civil cases with the United States Department of Justice. CZ will plead guilty to one felony charge as part of the negotiated agreement. Attorney General Merrick
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hamas has released 24 hostages who had been held in the Gaza Strip, according to Qatar, as the Palestinian militant group’s truce with Israel took hold. The group were transferred to the International Committee of
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Loading… Loading… Loading… Payment platform companyPaysafe Ltd PSFE extended its collaboration in Europe with Visa V to use the latters Network Tokensas an alternative to primary credit and debit card account numbers, as reported on its website. What Happened:Visa Network Tokens are securely transmitted and stored by Paysafe instead of card PANs thereby reducing fraudulent
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U.S. District Court Judge Laura Taylor Swain said she would hear a bondholder suit in the Puerto Rico Electric Power Authority case that Puerto Rico bondholders and Puerto Rico’s government argued should be assigned to a different judge. GoldenTree Asset Management and bond insurer Syncora Guarantee filed suit in the U.S. District Court for Puerto
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The text of an inflammatory “letter to America” from 9/11 mastermind Osama bin Laden has gone viral on TikTok and drawn praise from young users — and US lawmakers from both sides of the aisle are blasting the China-owned app for promoting terrorist propaganda. In the letter, bin Laden claimed that he orchestrated the deadly
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