According to an official announcement from LNbits, Bitcoin Lightning Network wallet platform LNbits has released version 1.7.0 following a recent attack in which funds were stolen, and is urging users to update immediately. LNbits warned that the vulnerability affects all earlier versions; upgrading alone cannot protect users whose credentials have already been compromised, and it recommends resetting wallet keys, changing related credentials, and migrating servers if server compromise is suspected. LNbits founder Ben Arc stated that the team is working to respond after users and the team suffered losses. Some users have reported that attackers exploited their LNbits instances to create new accounts and stole approximately 0.023 BTC.

Odaily reports: Bitcoin News posted on X that Square plans to complete the phased expansion of Bitcoin payments today, with Lightning Network payments set to become available to eligible sellers in its U.S. merchant network. Consumers can pay with Bitcoin, and merchants will receive U.S. dollars by default, with the option to retain Bitcoin. Square will waive Bitcoin payment processing fees through the end of 2026, after which it plans to charge a flat 1% fee. Square's broader merchant network covers more than 4 million merchants, but eligibility restrictions remain, and actual adoption has yet to be independently quantified.

Odaily reports that Bitcoin News posted on X that Electrum has released version 4.8.4, its 15th anniversary edition, which fixes multiple security vulnerabilities and bugs affecting Bitcoin and Lightning Network wallets. One important fix involves a Lightning Network vulnerability: malformed onion messages from arbitrary sources could cause Electrum to disconnect from channel peers. This version also fixes wallet freezing, transaction processing issues, and crash issues affecting desktop and Android users. This is Electrum's fourth security update since August, and users can upgrade to version 4.8.4.

Odaily reports: Bitcoin News posted on X that Jack Dorsey's Square is expected to complete its phased rollout by November 10, expanding Bitcoin payments to its network of over 4 million merchants. The deployment began on March 30, and eligible U.S. merchants will have Bitcoin payments automatically enabled without needing to apply. Customers can pay via the Lightning Network, with transactions settling within seconds; merchants receive funds in USD by default, with the option to retain Bitcoin. Square will waive Bitcoin payment processing fees until December 31, 2026, after which a flat 1% fee will apply; merchants can also automatically convert up to 50% of daily sales revenue into Bitcoin.

Odaily reports that Japan Bitcoin Industry has announced a planned private placement to Fulgur Ventures' Japanese entity and ANAP Lightning Capital, with total financing of approximately 800 million yen, entirely contributed in kind in Bitcoin, with payment expected on November 2. The raised assets will be used for the development of Lightning Network payment infrastructure such as aurora, recruitment, routing business, and R&D. Japan Bitcoin Industry has also signed a routing business cooperation framework agreement with ANAP Lightning Capital, planning to use the latter's Bitcoin holdings as Lightning Network channel liquidity.

Odaily reports: Bitcoin News posted on X platform that Lightning Labs has opened Wavelength to all users, allowing AI agents to autonomously send and receive payments on the Bitcoin mainnet via the Lightning Network and L402, without requiring manual approval for each transaction. AI agents can use it to pay API call fees, purchase data, and transact with other agents, with individual fees as low as under 1 cent; developers can integrate payment functionality into applications without running a Lightning Network node, managing channels, or sourcing liquidity. The self-custodial toolkit supports independent on-chain exits, with each wallet initially capped at 300,000 sats, and Lightning Network payments incur a 0.25% service fee. Wavelength is currently still in Alpha and plans to support stablecoins.

Odaily reports: Lightning Labs announced on X the launch of LayerTree, a non-custodial scaling solution built on Bitcoin that can connect with the Lightning Network.According to the introduction, LayerTree utilizes Covenants technology to enable a single UTXO (unspent transaction output) to be shared by up to one million users. Users can receive funds without staying online, and can exit at any time through a single transaction. Funds also do not expire due to timeouts.

Odaily: Swiss cryptocurrency exchange WhiteBIT has announced its integration of the Lightning Network, enabling users to deposit and withdraw Bitcoin through the network, with a deposit fee of 0.25% and a withdrawal fee of 0.15%. The feature is powered by Bitcoin infrastructure service provider Voltage, and users can complete transactions via QR codes or payment information.

Odaily reports: Second, a project built on Ark Protocol, disclosed that its server was exploited in an attack on Monday, resulting in the loss of 0.75 BTC of its own funds, worth approximately $62,300. The team stated that user funds were not affected and that the issue was fixed within hours.The attacker subsequently continued attempting to withdraw more funds from the project and launched a denial-of-service attack. On Tuesday, Second said the attack may have degraded the ability of Bark-based wallets to receive Lightning Network transfers.Second stated that the vulnerability was in the Ark server's boarding process, where an attacker could register and exit the relevant boards using only their own signature, while simultaneously spending the same batch of VTXOs in the node via the Lightning Network. The attacker also attempted to use bitcoin linked to the Blink Wallet security breach on September 19, but was unsuccessful. (Bitcoin.com News)

Odaily reports that Bitcoin News posted on X that Bringin is launching an enterprise banking platform for European businesses, bridging Bitcoin and traditional banking while supporting self-custody for enterprises. The platform offers dedicated virtual IBANs, instant SEPA transfers, Bitcoin-to-EUR and EUR-to-Bitcoin conversion, Lightning Network payments, stablecoin support, and cross-border payments. Businesses can purchase Bitcoin directly into self-custody wallets and pay employees and suppliers using Bitcoin, stablecoins, or euros. Bringin also supports integrating payment functionality into existing systems via API, and plans to support MPP and x402 payment protocols for AI; the company plans to expand to the United States, South Africa, the Philippines, Mexico, and India.