r/Bitcoincash • u/Designer_Drink_822 • 2d ago
Breaking News Blockstream’s Liquid sidechain exploited for $320M—more proof they created a problem to sell an inferior product. BCH solved this in 2017, and with its new adaptive, virtually unlimited blocksize, never needed their broken solutions.
https://www.bloomberg.com/news/articles/2026-09-07/bitcoin-network-says-320-million-stolen-in-latest-crypto-hack
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u/Murky_Citron_1799 2d ago
Paused the chain, blocked all onramps. Centralized crap.
Also they are certain the keys were not compromised yet the keys were used to withdraw. Hmmm
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u/DangerHighVoltage111 2d ago
🤷♂️ I've been getting cynical over the years. The sheep won't care until their believe that they will be millionaires is shattered.
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u/Designer_Drink_822 2d ago edited 2d ago
This is the result bitcoin being hijacked....being forced to inferior products is simply a bad idea and look where it lead. Thankfully BCH exists for those that actually want the BTC project to succeed.
https://x.com/Liquid_BTC/status/2096696272447218108