New Bitcoin Core Update Strengthens Security as Price Hovers Around $62K

Almost six months after the release of Bitcoin Core 27.0, the Bitcoin development team has rolled out a new version, Bitcoin Core 28.0.

This update includes several improvements and bug fixes for the main Bitcoin network.

The update comes shortly after developers revealed a high-risk vulnerability affecting around one in every six Bitcoin nodes, making them prone to DoS attacks.

These attacks involved overwhelming nodes with low-difficulty header chains, causing potential crashes once their bandwidth was exceeded. However, Bitcoin Core 28.0 addresses these issues with enhanced security, reducing the risk of such attacks.

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The update also supports reproducible builds, allowing advanced users to compile binaries identical to those on the official Bitcoin Core site, fostering trust and transparency within the community.

Following the Federal Reserve’s recent 50-basis-point rate cut on Sept. 18, Bitcoin’s price briefly surged above $60,000 but later fell back, trading sideways for a while. Recently, BTC moved toward $62,000, though further gains have been limited, even with the release of U.S. job data.

As of now, Bitcoin is priced at $61,900, down over 5% in the past week. While the immediate effect of the Bitcoin Core update may not be seen, it could influence the market once investors fully recognize its significance.

Kosta Gushterov