EU: Bitcoin Lightning Network and other Layer 2 solutions may be "abused by criminals"
Odaily News A new EU report points to Bitcoin’s Lightning Network and other Layer 2 solutions as “data obfuscation” technologies that could be “abused by criminals.” The first crypto report published by the EU’s Internal Security Innovation Hub points out that in addition to technologies such as Mimblewimble, zero-knowledge proofs, token mixers, and privacy coins such as Monero and Zcash, Layer 2 solutions such as the Lightning Network could also be abused by criminals. The report points out that the Lightning Network’s “two-party multi-signature payment channels do not broadcast all transactions to the blockchain, but only the opening and closing of channels,” adding that it and other Layer 2 solutions could pose “problems for law enforcement investigations.” The report emphasizes that their use of “zero-knowledge proofs and Layer 2 solutions” obfuscates some transaction data, which “significantly increases the complexity for law enforcement agencies to track the source of (illegal) cryptocurrencies.” (Decrypt)
Odaily News: According to on-chain analyst Aunt Ai's monitoring, a certain whale sold 5.338 million PONS at an average price of $0.6779, worth $3.67 million, driving the PONS price down 4% from $0.6968 to $0.6688. PONS was previously the largest on-chain asset of this address, with an entry price of approximately $0.7154. This sale resulted in a loss of about $200,000.
Odaily News: Crypto industry figure Jordy posted on X platform that former Hack VC partner Hsin-Ju Chuang has been found dead, and expressed condolences. According to a screenshot of a report shared by Jordy, 37-year-old Hsin-Ju Chuang resided in North Las Vegas and was found dead last month near a remote exit off Interstate 15 in the Mojave Desert. Investigators have not yet determined the cause of death.Hsin-Ju previously claimed that she was required to continue working during a medical emergency and was threatened with being blacklisted from the industry if she left before an event was completed. She rejected Hack VC's settlement offer and had planned to publicly release evidence related to her tenure on August 26. Hack VC stated that it has noticed the relevant content, is concerned about Hsin-Ju's health condition, but said that its understanding of the events differs significantly from what Hsin-Ju published, and that it would not publicly discuss details out of privacy considerations.
Odaily News: According to an official announcement, Binance will list the OURAUSDT USD-M Pre-IPO perpetual contract at 08:30 (UTC) on September 23, 2026, with a maximum leverage of 20x and support for multi-asset mode.
According to Lookonchain monitoring, a newly created address bought 269,500 UNI worth $2.84 million, while another address separately bought 138,400 UNI worth $1.23 million.
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