Cryptocurrency ATMs in El Salvador will support Bitcoin Lightning Network
Athena Bitcoin, a cryptocurrency ATM company in El Salvador, plans to integrate the Bitcoin Lightning Network into 100 of its ATM machines in the coming months.
Strike launches new features including direct deposit, wire transfers and card payments
The lightning payment application Strike announced the launch of new features such as direct deposit, wire transfer, and bank card payments. Specifically, it includes: 1. Supporting wire transfers, allowing Strike customers to transfer unlimited funds and purchase any amount of Bitcoin, all of which can be withdrawn immediately; 2. Direct deposit, allowing users to receive any portion of their wages paid in Bitcoin through Strike; 3. Expanded support for payment methods, including debit cards and enhanced bank connections; 4. Some customers can use Strike together with their associated payment methods without having to pay a deposit first, use a debit card for lightning payments, and send Bitcoin to a cold wallet using a bank account.
Bulgarian football team Botev Plovdiv FC’s payment system will support BTC and Lightning Network
Botev Plovdiv FC, a Bulgarian football club, has integrated BTC and Lightning Network into its payment system and joined the decentralized protocol Nostr. Fans can use BTC for peer-to-peer payments at the Botev Plovdiv FC store and during Bulgarian Parva Liga matches. The club's Bitcoin director, George Manolov, emphasized the huge opportunities that Bitcoin provides in terms of technology, social impact, and finance.
Bulgarian football club Botev Plovdiv FC adopts Bitcoin and Lightning Network
Bulgarian football club Botev Plovdiv FC has adopted Bitcoin and the Lightning Network, and has joined the decentralized protocol NOSTR. Fans can use Bitcoin for peer-to-peer payments at the Botev Plovdiv football club's fan shop and during matches of the Bulgarian top league, the Bulgarian Parva League. The club also plans to expand Bitcoin payment methods for ticketing and its online store.
The number of Bitcoin Lightning Network nodes is 14,856
According to 1ML data, the current number of Bitcoin lightning network nodes is 14,856, a decrease of 8.2% in the past 30 days; the number of channels is 64,204, a decrease of 6.8% from a month ago; and the network capacity is 5,280.87 BTC, an increase of 10% per month.
Lightning Network public channel average capacity increases to nearly 8 million satoshis
According to encryption researcher Kevin Rooke's post on X platform, the data shows that the average capacity of the Lightning Network public channel is now close to 8 million satoshis (sat), which is an increase from the mostly 6 million satoshis last year, indicating that larger nodes are deploying larger Lightning Network channels.
Bitcoin Lightning Network Vulnerability Could Jeopardize Funds and Affect Other Protocols, Developer Departs
Bitcoin Lightning Network, a solution designed to speed up transactions on the Bitcoin blockchain, has been found to have a major vulnerability. The flaw, known as "replacement cycling attacks," could allow attackers to disrupt the normal flow of transactions and potentially cause loss of funds within the network's channels.
Slow Mist Cosine: The replacement cycle attack of the Lightning Network is similar to the MEV sandwich attack. You need to be wary of the risk of being caught.
On October 22nd, it was reported that there has been a substitution loop attack on the Lightning Network, which is similar to the sandwich attack in MEV, using front and back attacks to obtain the target's funds.
This attack is not easy to implement and requires the following conditions to be met:
· Open two channels on the victim.
· Route payment through one of these two channels.
· Successfully replace the victim's HTLC-timeouts in Δ blocks within the two channels.
· At the same time, ensure that the victim does not discover the HTLC pre-image transaction.
Until this risk is fixed, projects using the Lightning Network should be cautious when establishing channels with upstream and downstream partners, preferably with reputable partners, to reduce the risk of being sandwiched. Further testing and verification are required for specific situations.
Lightning Labs Enables Stablecoins and Other Financial Assets on Bitcoin via Taproot Assets
Lightning Labs has released "Taproot Assets" on the Bitcoin blockchain, allowing for the issuance of stablecoins and other financial assets built atop Bitcoin via the Lightning Network. The new set of developer tools will enable Bitcoin to become a multi-asset network, taking the protocol to the next financial level. Lightning Labs Director of Business Development Ryan Gentry believes that Taproot Assets will provide a "decentralizing force" to the Lightning Network, shifting more of the world's transactional volume to the Lightning Network and "Bitcoinizing the dollar and the world's financial assets." The release of Taproot Assets has been cheered on by prominent members of the crypto community.
The number of Bitcoin Lightning Network nodes is 14,906
According to 1ML data, the current number of Bitcoin Lightning Network nodes is 14,906, a decrease of 8.2% in the past 30 days; the number of channels is 64,204, a decrease of 6.8% from a month ago; and the network capacity is 5,280.87BTC, an increase of 10% per month.
