The Indra swap service on @AquaBitcoin continues to improve. No longer dependent on a separate service. In my experience, it's quite fast. I'm comfortably back to using Aqua as a daily spending wallet.
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While we have increased Indra's per swap limit to 500k Sats, remember that larger Lightning payments have a higher chance of failure. Our Lightning node is still quite new and we're constantly working on improving connectivity. ๐ฌ๐
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Update from the Federation:
BTC<>LBTC swaps were re-enabled last week as part of Liquidโs staged recovery. Users can once again swap between BTC on Bitcoin and LBTC on Liquid at 1:1 through participating providers, including @AquaBitcoin, @BULLBITCOIN_ and @side_swap. These providers collectively accounted for 99% of peg-out volume prior to the incident.
Normal Federation peg-out operations remain subject to enhanced operational controls while security hardening continues and the independent security audit nears completion.
The community can track progress toward restoring full 1:1 BTC backing for LBTC through Liquidโs auditable Proof of Reserves at
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Big Bitcoin in action.
A test transaction for 2.5 BTC was sent to the @Liquid_BTC Federation wallet, reducing the shortfall to 600 BTC. The remaining 600 BTC will be moved to the wallet in the coming days. All network operations are continuing normally.
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During his interview with @TheBlockCo, @Excellion provided a complete update on the Liquid Network recovery. ๐ง
He highlighted that AQUA Wallet users were able to exit via Lightning long before the full network restoration. โก๐ฌ
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The #CypherpunkStore# is back online! โก
Missed us at @LuganoPlanB? Find us on the website. ๐
@AquaBitcoin Good morning โก๏ธ๐ฆ๐
Bitcoin moves on its own schedule. ๐
During his interview with @TheBlockCo, @Excellion explained why the jump from $60K to $80K wasn't driven by specific news or cycles. It simply comes down to absolute scarcity and aggressive corporate treasury accumulation. ๐๐
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We doubled the Indra swap limit to 500K Sats. ๐
Keep in mind that since Indra remains in open beta you might still experience occasional routing failures. If your payment fails please submit a support ticket so we can investigate the issue.
We appreciate your feedback. ๐
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I am so proud to be part of this great team!
Very cool hat ๐๐งข๐ง@AquaBitcoin @JAN3com
Good morning! โ๏ธ
The Dolphins dropped by to wish you a fantastic week. ๐ฌ
So, what actually happened with the Liquid hack? ๐ค
I asked @Excellion (Jan3, and a board member on the Liquid board) for the TLDR on The Starting Block in Lugano ๐
"A white hat, more grey hat hacker hacked the Federation wallet, took a number of coins out, returned some and withheld about 600 BTC."
- The negotiation played out in public, on OP_RETURN
- Peg-outs are back and he says @Liquid_BTC is running normally
- His take on the cause: "It's the normal of AI attacks. It hit Bitcoin first, then it hit Lightning, then it hit Liquid."
Full answer ๐
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The @JAN3com team in Lugano. Fixing the money to fix the world. ๐จ๐ญ๐ฌ
Another incredible @LuganoPlanB once again. Happy to see everyone there and catch up! ๐งก๐จ๐ญ
JAN3 will continue to build and invest in @Liquid_BTC infrastructure. ๐
Good evening โ๏ธโ๏ธโ๏ธ๐
More sats. Less app. More wallet.
๐
โEmpty your mind, be formless. Shapeless, like water. If you put water into a cup it becomes the cup. You put water into a bottle and it becomes the bottle. You put it in a teapot, it becomes the teapot. Now, water can flow or it can crash. Be like water, my friend.โ
- Bruce Lee
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