soundmoneysolutions on Nostr: On 6 September 2026, attackers exploited a software bug in the Liquid Network to mint ...
On 6 September 2026, attackers exploited a software bug in the Liquid Network to mint unbacked tokens and drain 4,000 BTC from federation reserves. Although the attackers later returned roughly 85% of the funds, the network remains paused with a shortfall in reserves ⚠️
Pooling assets in federated sidechains creates single points of failure. When you move away from the base layer or trust secondary custodians, you accept frozen redemptions and counterparty risks that you cannot control.
Sound Money Solutions helps you eliminate reliance on third parties by building true self-custody systems on the Bitcoin main chain.
Book a free consultation at
https://soundmoneysolutions.io/join-us/ 
Published at
2026-09-25 08:27:43 UTCEvent JSON
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