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2026-09-18 06:24:14 UTC

Maxim on Nostr: GM I mean the strategy is pretty clear at this point: keep peg-outs disabled, allow ...

GM

I mean the strategy is pretty clear at this point: keep peg-outs disabled, allow tiny amounts to be withdrawn via Aqua Wallet to keep shrimps 🍤 „busy“, meanwhile negotiate one-on-one with large LBTC holders 🐋 to convince them not to swap immediately (it’s probably easier than thought because Blockstream people are the largest holders of this thing anyway), secretly reactivate dormant BTC addresses over a prolonged period so that it’s not so obvious, then restore peg-outs hoping that it’s all back to normal.
Day 12 after the Liquid hack.

User funds remain locked, pegout is not allowed.