Curiously, six of those trading pairs involve tokens launched on Binance Launchpad Initial Exchange Offering (IEO) platform, namely BitTorrent (BTT), Elrond (ERD), Harmony (ONE) and WINk (WIN).
Major cryptocurrency exchange Binance announced on Sept. 30 that it is removing a batch of thirty trading pairs from its listings.
Whilst not all of the trading pairs delisted include Binance Launchpad tokens, a significant 20% of them do. The full list is as follows:
“ANKR/PAX, ANKR/TUSD, ANKR/USDC, BCPT/PAX, BCPT/TUSD, BCPT/USDC, BTT/BTC, DENT/BTC, DOGE/PAX, DOGE/USDC, ERD/PAX, ERD/USDC, FTM/PAX, FTM/TUSD, FUEL/ETH, GTO/PAX, GTO/TUSD, GTO/USDC, LUN/ETH, NCASH/BNB, NPXS/BTC, ONE/PAX, ONE/TUSD, PHB/PAX, PHB/USDC, TFUEL/PAX, TFUEL/TUSD, TFUEL/USDC, WAVES/PAX, WIN/BTC.”
Binance claimed that the pairs were being removed to “improve liquidity and user trading experience”, and that the choice of trading pairs was “as requested by most project teams.”
As Cointelegraph reported on Sept. 27, Binance claimed to have assisted British prosecutors in an investigation of an online fraud that resulted in over $51 million losses by victims.
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 channel must check that the funding transaction output does indeed open the channel proposed. Otherwise an attacker can claim to open a channel but either not pay to the peer, or not pay the full amount. Once that transaction reaches the minimum depth, it can spend funds from the channel. The victim will only notice when it tries to close the channel and none of the commitment or mutual close transactions it has are valid.”
Russel also proposed a solution to the aforementioned problem. Once the funding transaction is seen, peers “must check that the outpoint as described in `funding_created`1 is a funding transaction output2 with the amount described in `open_channel`3.”
The file also warns that c-lightning versions 0.7.1 and above perform the process correctly, urging users to upgrade the older versions of their Lightning Nodes.
On Sept. 10, Olaoluwa Osuntokun, CTO at LN-focused startups Lightning Labs and ACINQ, also claimed to have found instances of the vulnerability being exploited. In order to avoid the risk of losing funds, Osuntokun strongly advised users to update their LN versions. The affected versions included, per Osuntokun, LND nodes version 0.7 and below, c-lightning nodes version 0.7 and below, and eclair nodes version 0.3 and below, the post noted.
On Sept. 26, the number of Bitcoin’s LN nodes reached 10,000 for the first time.
As Cointelegraph previously reported, Andreas Antonopoulos announced his new “Mastering Lightning Network” book, co-authored by René Pickhardt and Lightning Labs CTO Olaoluwa Osuntokun.
$3k Possible for Ethereum in the Month of May. Ethereum’s ongoing…
Ethereum Aims for new ATHs as Options and Futures Expire…
Tesla released its first quarter 2021 earnings earlier this week.…
Users of the large cryptocurrency exchange Gemini will soon get…
Iran continues to explore the potential use of cryptocurrencies as…
Tether’s Market Cap Hits $50 Billion. Mr. Ardoino’s comments were in…