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LNbits has issued an emergency warning telling operators to shut down their servers immediately after multiple instances of the Bitcoin Lightning Network wallet and account-management system were targeted in active attacks. The project says several security patches are being prepared and has advised operators not to keep affected installations running until fixes are available. One operator has reported losing 2,285,545 satoshis, or 0.02285545 BTC, over roughly five hours after attackers allegedly created new accounts and withdrew funds through an affected LNbits deployment.
By Katharos Intelligence Editorial Team
Source: Katharos Intelligence
· 4 min
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President Donald Trump has endorsed a bipartisan Senate energy-permitting overhaul that could materially reshape the economics of building artificial-intelligence data centers, cryptocurrency-mining facilities and other electricity-intensive computing infrastructure in the United States. The Bipartisan American Affordability and Jobs Act of 2026 seeks to accelerate approvals for power plants, transmission lines, pipelines, mines and other major infrastructure while requiring large computational facilities to bear more of the grid costs created by their electricity demand. The Senate is scheduled to hold a procedural vote on November 9, but the legislation has not been enacted and the upcoming vote would only determine whether the chamber advances toward debate. Read More...
Ethereum co-founder Vitalik Buterin has defended efforts to slow the rapid expansion of hyperscale artificial-intelligence data centers, arguing that a more gradual increase in computing capacity could give society additional time to strengthen cybersecurity defenses and prepare for other risks associated with increasingly capable AI systems. Buterin's November 8 comments challenge the assumption that building ever-larger computing facilities as quickly as possible is necessary to preserve technological progress, pointing instead to continuing improvements in algorithmic efficiency that could allow future AI capabilities to run on smaller amounts of hardware. His intervention comes as former Bitcoin-mining companies and other power-intensive digital-infrastructure operators are committing billions of dollars to AI and high-performance-computing facilities. Read More...
Ethereum co-founder Vitalik Buterin is challenging one of the most prominent investment narratives surrounding ETH, arguing that the asset's long-term value should depend less on how much Ethereum destroys through transaction fees and more on whether the network remains secure, decentralized, censorship-resistant and useful as financial infrastructure. In a series of November 8 comments, Buterin said Ethereum should continue using EIP-1559 and burning base fees, but warned against designing the network around the objective of maximizing token destruction. His argument places ETH's store-of-value qualities, self-custody, real-world assets and the durability of Ethereum's underlying protocol ahead of a monetary thesis based primarily on making ETH increasingly scarce through high network fees. Read More...
Binance co-founder Yi He has warned users against depositing USDT and other cryptocurrencies received through unclear or suspicious payment arrangements, saying funds connected to previously flagged blockchain addresses can become subject to law-enforcement freezes that the exchange itself may not have authority to reverse. Her November 8 statement specifically cited examples such as discounted USDT obtained from friends, coins transferred by relatives, business proceeds connected to Myanmar, payments collected in Cambodia and money temporarily routed through an account on behalf of another person. The warning concerns transaction provenance and counterparty risk rather than a newly announced ban on legitimate transactions from Myanmar or Cambodia. Read More...
Binance has restored withdrawals for Hyperliquid's HYPE and Aptos's APT, moving two more major assets out of the restrictions imposed after the exchange's $6.3 billion October 29 security breach. The November 8 reopening comes earlier than Binance's previous target of restoring HYPE and APT by the end of the following week and follows several rounds in which the exchange progressively reopened withdrawals across Ethereum, Solana, BNB Smart Chain and other supported networks. Binance says additional assets and network combinations will return only after completing individual security and operational-readiness checks. Read More...
Solana lending protocol Loopscale has restored deposits, withdrawals and full loan-management functionality across all of its vaults after a sustained attack campaign forced the platform to restrict operations for roughly two and a half days. The reopening includes the USDC Genesis Vault, where borrowers had previously remained unable to repay loans or retrieve collateral while Loopscale investigated two identified attack paths targeting its lending and vault-accounting systems. Loopscale says the affected SOL and USDC Genesis Vaults have been replenished and that depositors will not suffer losses, although a comprehensive technical post-mortem and independent reconciliation of the incident have not yet been published. Read More...
MEXC Global says blockchain analytics provider Elliptic has removed a special risk classification previously applied to the cryptocurrency exchange and restored it to the standard “exchange” category in its screening system, according to a November 7 update from MEXC Chief Executive Vugar Usi. The development comes one day after the U.S. Financial Crimes Enforcement Network ordered American financial institutions to cut MEXC off from the U.S. financial system over allegations that the exchange facilitated at least $16 billion in transactions connected to sanctions evasion, cybercrime and other illicit activity. MEXC also acknowledged that customer withdrawals have increased since the U.S. action but says deposits, withdrawals and trading continue to operate normally. Read More...
Keplr Wallet has temporarily disabled Google and Apple authentication after users reported unauthorized cryptocurrency transactions involving wallets created through social login, while authentication provider Web3Auth investigates a broader security incident affecting embedded-wallet services used by third-party applications. Web3Auth has placed its login service into maintenance mode and temporarily paused affected embedded-wallet functionality as a precaution, while Keplr says it is working directly with the provider to determine the source and scope of the unauthorized activity. No verified total loss, number of affected wallets or definitive attack method has yet been established. Read More...
MEXC Global has broken its silence on the U.S. Treasury Department's move to isolate the international cryptocurrency exchange from the American financial system, saying customer assets remain secure, trading continues normally and the company has begun an independent review of its anti-money-laundering and sanctions controls. The response marks the first substantive public reaction from MEXC since the Financial Crimes Enforcement Network concluded that the exchange presented a primary money-laundering concern connected to Russian illicit finance and alleged that it facilitated at least $16 billion in illicit-finance-linked transactions. MEXC says it intends to engage constructively with FinCEN and other regulators, but its announcement does not suspend, reverse or modify the U.S. enforcement order. Read More...
The U.S. Treasury Department has imposed blocking sanctions on eight Canadian money services businesses that it says helped move money between Iran and the international financial system through currency exchange and cryptocurrency transactions, expanding Washington's enforcement campaign beyond major crypto exchanges to smaller businesses that connect physical cash, fiat currencies and digital assets. The designated companies operate primarily in Ontario and British Columbia and include businesses known publicly as Million Exchange, Amin Exchange, NIA Nations, Farah Exchange and Cryptoyal. Treasury alleges that several interacted with sanctioned Iranian cryptocurrency exchanges, addresses connected to Iran's Islamic Revolutionary Guard Corps and, in some cases, a separate Canadian drug-trafficking network that converted cash proceeds into cryptocurrency for transfer abroad. Read More...