CryptoNews

Lightning Network Developer States Disclosed Vulnerability Is Not an 'Intentional Backdoor,' Calls for Responsible Journalism – Bitcoin News

Antoine Riard, a security researcher and developer who exposed a vulnerability in the Lightning Network, Bitcoin’s scaling layer, has clarified this vulnerability is not an “intentional backdoor,” addressing statements made on social media. Riard stressed the problem had been known since 2022 and called on mainstream outlets to do responsible reporting on this issue. Lightning Network…
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CryptoNews

Crypto ATMs Vanish at Rapid Rate in 2023, Data Highlights Downward Trend Peaked in July – Bitcoin News

2023 has marked a notable decline in the number of crypto automated teller machines worldwide, plunging to levels not seen since November 2021. Data from coinatmradar.com reveal that July witnessed the steepest fall, with 4,123 crypto ATMs vanishing from the industry. The Ebb and Flow of Crypto ATMs: 2023 Sees Major Fall from Grace Thousands of crypto ATMs are now out of service. A vast majority…
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CryptoNews

Binance Latam Regional VP: 'We Intend to Become Regulated in Argentina' – Bitcoin News

Min Lin, Latam regional vice president at Binance, referred to the intention of the institution to become regulated in Argentina after a specific law to license crypto brokers is approved. Lin stated the exchange is talking with regulators to introduce innovation in regulatory frameworks and prioritize user protection. Binance to Seek Regulatory Compliance in Argentina Min Lin, Latam regional vice…
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CryptoNews

Hong Kong Regulators Restrict Retail Investor Access to ‘Complex’ Crypto Products – Regulation Bitcoin News

The securities regulator and the central banking institution of Hong Kong have updated the region’s crypto policy in response to enquiries from the industry. In a circular on the virtual asset-related activities of intermediaries, the authorities introduced additional measures to protect retail investors, restricting their access to what they describe as “complex products.” Hong Kong Updates…
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