In April, a hacker exploited a flaw in Litecoin's MimbleWimble Extension Block (MWEB) transactions, causing a double-spend attack that required a 13-block reorganization to fix. Despite patches released immediately after the attack, about 70% of Litecoin nodes, mostly non-mining validating nodes, have not updated their software, leaving the network vulnerable to similar exploits. Mining nodes have mostly updated due to direct risk, but the slow adoption among other nodes poses ongoing security risks. The Litecoin team continues urging updates, but no deadline or enforcement mechanism exists in the decentralized network, leaving uncertainty about future attacks.
Cryptocurrency markets display varied price changes, with Bitcoin trading near $62,833, up 0.99%, and Ethereum around $1,744, up 0.24%. Other notable coins like Binance Coin and Avalanche also show modest gains, while some altcoins experience slight ...
Clearstream, a major European post-trade services provider under Deutsche Börse Group, has expanded its cryptocurrency custody services beyond Bitcoin and Ethereum. The new additions include XRP, Stellar (XLM), Cardano (ADA), Solana (SOL), Litecoin (...
Bitcoin surged to around $62,800 after dropping below $58,000 earlier in July, signaling renewed confidence in the crypto market and easing concerns of a deeper fall to $50,000. Ether also recovered to about $1,760 following a recent dip. While major...
