Could one buy btc in the first exchanges via liberty reserve or pacunix but with a visa credit card or maybe debit card? New liberty standard, mt gox, ect...?
Bitcoin's oldest sidechain just lost ~95% of its reserve.
~4,019 BTC pegged out of Liquid's federation in a single tx (block 965,783):
No stolen key. The peg-out was "valid."
The $320M didn't get "stolen", they got minted.
A rangeproof-cache bug in Elements let the attacker conjure unbacked L-BTC, then peg it out for real BTC through the front door.
Their on-chain note: "we are whitehats. contact us on chain"
Right now ~3,998 BTC (~$320M) sits in one address while Liquid's self-described "white hat" and Blockstream negotiate entirely through messages buried in Bitcoin transactions.
Watch it move: https://www.blockchain.com/explorer/addresses/btc/bc1ql4mfu6aundtkksxklfajs2h3t9nzcd6gyqjlte
Until it does, the promise is just text in an OP_RETURN.
I have it on Exodus now, wondering if it would be more secure to put it on Fidelity? I have a Jade cold wallet but I don't feel comfortable putting it on there. I feel like I'm going to fuck it up somehow. And now with everything else going on with cold wallets, I feel even less certain.
For some passive btc accumulation
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Not had my Halifax/Lloyds account too long so I’ve not tried to buy any btc yet. Are they safe to move cash to an exchange or do I need to look at a secondary bank account to build up my crypto loses?
Ta.
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