How 4,000 BTC walked out of Blockstream’s Liquid Network
Roughly 4,000 BTC, worth about $320M at the time of the hack, left Blockstream’s Liquid Federation wallet on Sunday afternoon.
Bitcoin24h
$79,378.54+1.35%
Ethereum24h
$2,504.05+1.33%
BNB24h
$750.52-0.12%
XRP24h
$1.43+2.69%
Solana24h
$104.23+1.50%
TRON24h
$0.3389+0.14%
Hyperliquid24h
$86.52+4.29%
Zcash24h
$1,270.09+10.23%
Dogecoin24h
$0.0909+2.15%
Monero24h
$495.27-2.55%
Adam Back says Liquid BTC is collateralized after dashboard problem
For a few hours on Monday, liquid.network displayed less than 3,463 BTC backing 4,199 LBTC in circulation.
Blockstream’s pricey Liquid sidechain is flawed and underused
There are more tweets each day about Liquid than there are transactions on its network, despite Blockstream raising millions for the project.
-
Bitcoin’s 90-day correlation with gold hits nine-year high—by Protos Staff
-
How 4,000 BTC walked out of Blockstream’s Liquid Network—by Protos Staff
-
BitMEX founder Ben Delo gives UK’s Reform Party another £4M—by Protos Staff
-
Nvidia director Mark Stevens sold a record $411M of stock—by Protos Staff
-
Every Kraken IPO plan has failed—by Protos Staff
-
Caterpillar CEO cashes out early for $26M—by Protos Staff
-
The shoe company that pivoted to AI is dying—by Cas Piancey
-
Crypto.com-promoted Tectonic forces Cronos to halt, rewind—by Protos Staff
-
DoorDash has outperformed SpaceX by 48% since IPO—by Protos Staff
