According to CertiK Alert, a lightning loan attack was detected affecting @JPulsepot. The attacker took advantage of the exchange logic of the public function swapProfitFees () in the contract, which handles the contract's own tokens, creating an arbitrage opportunity and making a profit of $21,500.
UTXO Stack announced the official transformation to the Lightning Network staking layer, providing better liquidity and a better revenue model for the Lightning Network through a decentralized staking protocol. At the same time, UTXO Stack plans to launch a token incentive mechanism to incentivize staking CKB and BTC to enhance the liquidity of state channels. This transformation will bring the Lightning Network to the masses by providing liquidity incentives to build a more scalable Bitcoin eco...
On September 6th, according to Arkham monitoring, a user used MEV robot lightning loan 12 million dollars for "sandwich" attack arbitrage activities, during which a total of 14 transactions were carried out, but when the attack ended and the gas fee was paid, the user only made a profit of $20. Note that a "sandwich" attack occurs when an attacker sandwiches a victim's transaction between two of his own in order to manipulate prices and profit from users.
According to Arkham's article in X, a MEV robot lent $12 million lightning loan to attack user transactions, only making less than $20. It is reported that the MEV robot picked up a transaction where a user exchanged $5,000 SHFL for WETH, with a slippage of about 2%.
Euler Finance has launched Euler v2, a power builder package for deploying ERC-4626 vaults designed to enhance security and flexibility in the decentralized finance (DeFi) space, following a lightning loan attack in March 2023. The modular design of Euler v2 allows users to create marketplaces with different risk parameters and collateral, and supports non-fungible tokens (NFTs) and tokenized real-world assets (RWAs). The release has been audited by 12 cyber security firms and features a $1.25 m...
Bitcoin Lightning Network payments company Lightspark now allows U.S. businesses to send instant payments directly to bank accounts using its network.
Bitcoin Lightning Network payment company Lightspark now allows U.S. businesses to send instant payments directly to bank accounts using bitcoin.
CKB has released the next generation of public lightning network Fiber Network, a next-generation public lightning network based on Nervos CKB and off-chain channels, which can provide fast, low-cost and decentralized multi-currency support and peer-to-peer transactions for RGB ++ assets. Similar to the Bitocin Lightning Network, Fiber Network acts as a two-layer payment channel extension to conduct transactions off-chain to increase transaction speed and reduce fees, while maintaining the secur...
The chief executive of Lightspark, the bitcoin payment network, publicly endorsed Mr. Trump on the X platform, which Mr. Musk said was "interesting".
Lightning Labs posted on the X platform that it has released Taproot Assets on the Lightning Network, the first multi-asset Lightning Network protocol on the mainnet. With Taproot Assets, users can mint assets on Bitcoin and make instant, low-cost asset transfers through the Lightning Network.
On July 23rd, the Bitcoin Lightning Network capacity in dollar terms surpassed $370 million on July 21st, setting a new record high.
On July 23rd, Breez, a self-hosted Lightning Network-as-a-Service company, released a nodesless deployment solution for its Lightning Network SDK. According to the team: "The deployment of Liquid extends the tools of the Breez SDK to provide an end-to-end solution for self-hosted Lightning Network payments. Its main advantage is that it simplifies the experience for developers and end users by eliminating channel management, payment channels, and setup fees, while ensuring that users retain full...
The number of Bitcoin Lightning Network nodes reached 13,540, an increase of -0.70% compared to 30 days ago, and the Lightning Network capacity reached 5,268.26 BTC.
The Wexo platform promotes the popularity of cryptocurrency in daily payments through the Bitcoin Lightning Network. It offers services such as instant transfers, traditional debit card transactions, and Bitcoin acceptance maps. Despite Bitcoin's market cap exceeding $1 trillion, its adoption in mainstream payments remains low. Wexo plans to launch a Bitcoin cashback program and a global gift card program, aiming to further promote the use of cryptocurrency in daily shopping.