Is Bitcoin kidding itself about the Lightning Network?

Bitcoin developer Paul Sztorc says Bitcoiners are lying to themselves about Lightning. Developers claim usability has improved, but questions remain over everyday adoption. Bitcoin developer Paul Sztorc ruffled a few feathers this month with a brutally blunt assessment of the Lightning Network: Bitcoiners are lying to themselves about how well it works. “Most people don’t…

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ENS seeks DAO approval to activate upgraded Ethereum naming system

New .eth registrations would pause for hours during the transition, while existing domain holders could renew their names without migrating. Ethereum Name Service (ENS) is seeking approval from its decentralized autonomous organization (DAO) to activate an upgraded naming protocol on the Ethereum mainnet.  ENS founder Nick Johnson submitted an executable draft proposal to activate ENSv2,…

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Ledger details LTE-enabled spy implants in wallets sold by CryptoBilis

Ledger detailed how LTE-enabled implants exposed wallet recovery phrases as CryptoBilis halted sales and Trezor and OneKey cut ties with the reseller. Malicious implants in Ledger wallets sold by CryptoBilis captured users’ recovery phrases from device screens and transmitted them over cellular networks, the French hardware wallet maker said. Ledger Donjon, the company’s security research…

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South Korea moves to block 27 crypto websites, including KuCoin, MEXC

Authorities said the restrictions are aimed at unregistered exchanges and have acknowledged that customers could have difficulty withdrawing assets. South Korean authorities have approved measures to block domestic access to 27 websites operated by unregistered crypto exchanges and other virtual asset service providers, including KuCoin, MEXC, Phemex and Bitrue.  In an announcement on Tuesday, South…

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Aptos rolls out Encrypted Mempool to curb frontrunning, sandwich attacks

The optional feature hides transaction details until their order is finalized, preventing bots from exploiting pending trades. Layer-1 blockchain Aptos has launched an optional new feature that could help shield traders from attacks involving maximal extractable value (MEV), including frontrunning and sandwich attacks.  On Monday, Aptos said its Encrypted Mempool feature is now live on…

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FTX’s crypto mining venture is now used to advance AI

The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022. The investment company SWI Group has raised about $900 million in capital as part of plans to scale its data center and AI computing capacity, which includes a mining operation previously tied to cryptocurrency exchange FTX. In…

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Crypto PACs report $2.7M spending blitz on House races as midterms loom

With just 22 days until the US midterm elections, a crypto-aligned committee has announced another major ad expenditure to support “pro-crypto” candidates in 2026. Affiliate entities of Fairshake, the US political action committee (PAC) funded largely by contributions from investment banking company Cantor Fitzgerald, cryptocurrency exchange Coinbase and Ripple Labs, reported millions of dollars worth…

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