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Lightning devs must ‘wake up’ and fix security bugs, not please VCs: Bitcoin dev

Developers working on the Bitcoin layer 2 Lightning Network have become less security-oriented and more focused on producing cash flow for their investors, argues a former Lightning Network developer.Bitcoin core developer and security researcher Antoine Riard, made headlines last month after leaving the Lightning ecosystem over concerns about a new attack vector called

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Solana Labs launches Web3 incubator offering dev and fundraising support

Solana Labs unveiled an all-new incubator program for project development on the Solana blockchain on Oct. 26. Title simply “Solana Incubator,” the program will offer fundraising, development, networking, and marketing support for web and blockchain projects seeking to build on Solana’s platform.Building a web3 startup on the Solana network? ️Today, @SolanaLabs

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Dev platform Stack Overflow axes 28% of staff as AI competition grows

Developer and programmer platform Stack Overflow is cutting the company’s headcount by approximately 28% amid a rise in the popularity of artificial intelligence (AI) chatbots. On Oct. 16, Stack Overflow CEO, Prashanth Chandrasekar, made the announcement citing the challenges of macroeconomic pressures impacting the entire tech industry. The firm is on

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BitVM’s goal is to scale Bitcoin, not be a pseudo-Ethereum, says dev

One of the developers working on “BitVM” — a Bitcoin-based virtual machine — reiterates the tech is intended to scale Bitcoin rather than launching Ethereum-like decentralized finance applications on the network.BitVM’s whitepaper was released by ZeroSync’s project lead Robin Linus on Oct. 10 with technical support provided by pseudonymous developer

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Hidden as colors, crypto seed phrases could hide in plain sight, says dev

A newly released tool called “BIP39 Colors” is turning Bitcoin (BTC) and other crypto wallet seed phrases into colors — giving users a potentially new way to hold their funds in cold storage.The developer, only known as Entero Positivo — Spanish for “positive integer” — released BIP39 Colors on June 25, which

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Brazil’s CBDC pilot contains code that can freeze or reduce funds, dev claims

A blockchain developer who claims to have reverse-engineered the source code of Brazil’s pilot central bank digital currency has discovered functions in the code that would allow a central authority to freeze funds or reduce balances. He has since argued, however, that there could be situations that such functions could be

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