Former Blockstream chief security officer, now CEO of Jan3
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Commenting publicly on the incident
Liquid, a Bitcoin sidechain run by Blockstream, lost nearly all its bitcoin reserves on September 6. A single peg-out transaction moved about 4,000 BTC, worth roughly $320 million, out of the federation wallet onto the Bitcoin mainchain. The wallet held about 4,200 BTC before the transfer; it now holds roughly 200.
Updated 1 hour ago
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