#sideswapsuspendsliquidservices
A customer minted 4,000 of fake L-BTC coins out of thin air via a software bug, and left with 3,996 real Bitcoins from Liquid Federation! This is the ultimate magic trick in the crypto world. SideSwap handled the issue like a normal day at work until Blockstream shouted: "exploitation!" And now SideSwap has suspended all swap, peg-in, and peg-out services until the network recovers.
What should crypto traders do? Since SideSwap is non-custodial, your wallet funds are safe under your own private keys. No need to panic! But please do not send any new deposits via peg-in or peg-out right now, unless you want your money to get stuck in case of loss. Just sit back, relax, watch the drama unfold, and protect your capital!
This is not financial advice.
Please follow up
#liquidnetwork #DeFiExploit #CryptoSecurity
$BTC
A customer minted 4,000 of fake L-BTC coins out of thin air via a software bug, and left with 3,996 real Bitcoins from Liquid Federation! This is the ultimate magic trick in the crypto world. SideSwap handled the issue like a normal day at work until Blockstream shouted: "exploitation!" And now SideSwap has suspended all swap, peg-in, and peg-out services until the network recovers.
What should crypto traders do? Since SideSwap is non-custodial, your wallet funds are safe under your own private keys. No need to panic! But please do not send any new deposits via peg-in or peg-out right now, unless you want your money to get stuck in case of loss. Just sit back, relax, watch the drama unfold, and protect your capital!
This is not financial advice.
Please follow up
#liquidnetwork #DeFiExploit #CryptoSecurity
$BTC
