Key Takeaways Liquid’s reserve fell from roughly 4,200 BTC to 207 BTC after nearly 4,000 BTC moved. Blockstream faces questions as the transferred bitcoin was worth about $319 million. Liquid users await answers after a “whitehats” message appeared Sept. 6. Liquid’s Bitcoin Peg Plunges From Roughly 4,200 BTC to 207 BTC Onchain researcher Ergo BTC flagged two linked bitcoin transactions, including a large Liquid peg-out described as roughly 4,000 BTC leaving a pool of about 4,200 BTC. A follow-up transaction spent approximately 3,998.5 BTC and included the “whitehats” message. Blockstream’s Liquid explorer subsequently showed federation holdings of just 207.275 BTC, …
Bitcoin
Crypto
Chilean crypto exchange Orionx began permanently closing its operations on Sept. 3 after a forensic audit identified a custody shortfall exceeding $7 million. Summary Orionx …
The 4-year cycle is back on topic, but Willy Woo believes there’s a more apparent pattern in play. Given the nature of its blockchain, …
