Blockchain 

Cere and Celer Networks Team Up to Launch Decentralized CRM Solution

Second layer blockchain scaling platform Celer Network has partnered with customer relationship management (CRM) startup Cere Network to launch a decentralized CRM solution. Low-cost CRM platform for business inclusion According to a press release shared with Cointelegraph on Oct. 7, Cere Network’s capacity will be increased “to provide for the world’s largest enterprises with a low-cost, fast, and accurate CRM platform” as a result of this partnership. Co-founder and CEO of Cere Network Fred Jin added: “Current CRM solutions are facing poor business inclusivity, low employee participation, and mostly require…

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Bitcoin 

Bitcoin’s LN Developer Discloses the Network’s Vulnerability

Bitcoin’s (BTC) Lightning Network (LN) developer Rusty Russel has published the full disclosure of the network’s vulnerability discovered in August, accompanied by a solution. Russel pointed out that the vulnerability appeared while opening funding channels. The described process does not require that receivers check if a transaction is the one promised by the funder in terms of amounts and the actual scriptpubkey.  Scriptpubkey is an output transaction script that requires specific conditions to be observed for a receiver to spend their Bitcoins. The file explains: “A lightning node accepting a…

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Blockchain 

Facebook’s David Marcus Advocates for Blockchain-Based Payment Networks

David Marcus, the head of Calibra at Facebook, has set forth arguments in favor of blockchain-based payment networks. In a Sept. 25 blog post, Marcus pointed out shortcomings of existing payment systems such as regional and international networks, including SWIFT and RT1, central banks and others. Marcus began by noting the weakness of the underlying infrastructure of the current system that limits its efficiency and reach. In one case, Marcus wrote, an individual can send and receive funds from within one wallet, while not being able to do the same…

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Bitcoin 

Australian Coder Warns Users of Lightning Network’s Vulnerabilities

Australian software programmer and Bitcoin’s (BTC) Lightning Network coder Rusty Russell warned users that “security issues have been found in various Lightning projects which could cause loss of funds.” Urgent update recommended On Aug. 30, Russell published a tweet urging LN nodes operators to update their software as soon as possible. According to the message, his warning concerns all versions of c-lightning prior to 0.7.1, lnd older than 0.7, and eclair up to version 0.3. Notably, just earlier this month blockchain development company Blockstream announced the release of the version…

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Ethereum 

Experts: Ethereum Losing Ground to New Networks

The Ethereum network is  losing ground as developers switch to other projects, various experts told Bloomberg on March 28. Ethereum, which debuted in 2015, initially provided a platform on which developers could build decentralized apps (DApps), conduct initial coin offerings (ICOs) and write smart contracts. Many saw it as being the successor to Bitcoin (BTC). According to Bloomberg, developers are now opting for other platforms like EOS and Stellar. In January, only 28 percent of DApps users were on the Ethereum network, while the EOS network saw 48 percent and…

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Bitcoin 

Hacked IoT Devices and Cryptocurrency Networks Doubled in 2018

In Japan, the number of hacked Internet of Things (IoT) devices and cryptocurrency networks nearly doubled in 2018 when compared to the previous year. English-language local media Asahi reported on March 7. Per the report, the Japanese Police Agency data shows that an average of 2,752.8 intrusions per sensor per day were detected last year, up 45 percent from the previous year. Furthermore, the data also reportedly shows that almost all of the attacks came from overseas. According to the article, if one considers only cryptocurrency networks and IoT devices,…

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Blockchain 

Blockchain Network’s Hard Fork to Triple TPS and Give Users Flexible Transaction Fees

A blockchain network is preparing for the imminent hard fork to the second version of its core system on 28 Nov – with users set to benefit from flexible transaction fees and the ability to develop their own plugins with ease. ARK has been preparing Core V2 of its platform for some time, and has stressed that its community will not be affected by the hard fork as long as they update their desktop or mobile wallets to the latest version. Upon launch, exchanges and node operators will be required…

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