WARNING! BITCOIN CAN BE STOLEN ON THE LIGHTNING NETWORK!

Bitcoin could be stolen in Lightning Network attack. The Lightning Network is vulnerable to a “Flood & Loot” attack that could drain wallets of their Bitcoin, say researchers. The Lightning Network adds another layer to Bitcoin’s blockchain and enables users to create payment channels between any two parties on that extra layer. Chinese Bitcoin Miner Producer Ebang Is Launching an Offshore Exchange

Decentralized finance (DeFi) liquidity provider Balancer Pool admitted early Monday morning it had fallen victim to a sophisticated hack that exploited a loophole, tricking the protocol into releasing $500,000 worth of tokens.

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