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SatoshiLabs unleashes a dedicated firmware; Lightning Labs developer cites vulnerabilities which may leave Bitcoin {BTC} HODLers crippled


Bitcoin is the top-ranked asset on coinmarketcap. The trading volume recorded is $15.979 billion, whereas the supply has 17,928,975 BTC coins in play for now. As of this instant, the total market cap of Bitcoin is $180.739 billion. BTC is priced at $10,081.

Olaoluwa Osuntokun is the Chief Technological Officer at Lightning Labs. In a mail sent yesterday, he instructed developers to keep their nodes updated or else it might be vulnerable to various kinds of attacks. This would lead to massive loss and funds, and the credibility of the king coin would tank as well.

Check out the full mail right here. This shows that the Lightning Network is yet to advance beyond its nascent stage. Near the end of the previous month, a man shared a security concern tied to the Lightning Network via Twitter.

Though the hash rate has been growing, Lightning Network keeps encountering barriers, so a better solution to bring about faster transactions is needed.

SatoshiLabs announced the arrival of a firmware specifically designed for Bitcoin. One can download it on Trezor One as well as Trezor Model T. This firmware is dedicated for Maximalists who consider BTC to be an invaluable token and believe that all other projects are doomed to fail.

Bitcoin may soon drop to $9k as it has failed to break beyond $11k for quite a while. On the other hand, LIBRA is looking to own a payments license rolled out by the FINMA in Switzerland. This is a carefully calculated move of Mark Zuckerberg and David Marcus, which is aimed at erasing regulatory uncertainty.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.