J D retweeted
Shabbes ❤️
That’s all you need to know about critics.
Left — Lynn Yaeger, fashion editor at Vogue, who in her articles constantly criticizes Melania Trump’s appearance, style, clothing choices, bags, and shoes.
Right — Melania Trump.👇🤣
J D retweeted
I’m not a lawyer and this isn’t legal advice but it seems the best course of action for the hacker would be to immediately engage a lawyer and work to return 100% of the funds instantly while simultaneously having that lawyer work with Blockstream and DOJ to make a deal to avoid prosecution.
Overall really dumb move. They should have returned 100% of the funds immediately initially and been a true white hat. AFTER return they probably could have negotiated a nice million dollars or so as a fee and been considered a hero either way. They could have gone public and made legit money as a consultant etc.
Instead they now are either days away or already past a point of no return where they will spend a decade in jail or live in fear of this for years to come.
Terrible trade.
Be honest - not not just the right thing to do, it’s good business and better for you.
To those responsible for the theft of bitcoin from the Liquid Network:
Blockstream will not pay a ransom for the return of stolen funds. Taking assets without authorization and withholding their return is a crime, not responsible disclosure. It is not white-hat activity. It is theft.
We have engaged in good faith in an effort to secure the return of stolen user funds and protect the broader Bitcoin community. That effort should not be mistaken for acceptance of the actions taken nor of the terms being demanded.
We will not be a party to the precedent that open-source software developed for the good of the Bitcoin community should subject its developers to paying a ransom that far exceeds their economic participation.
Bitcoin is hard money and can’t be minted without costs, Bitcoin doesn’t haircut users to pay a ransom.
To the Bitcoin community:
We are fighting for what we believe in, for the users whose funds were taken, and for the principles on which Bitcoin was built.
The community has demonstrated incredible resolve with teams of people dedicating their time in support of each other to identify and patch vulnerabilities in each other's products and systems. We are all driven by the mission that Bitcoin is the single best asset, for every person, company, and institution on the planet to invest, use, and build on. The world is a different place with the advancements of AI, and the Bitcoin community has responded with force to combat that threat.
Damage has been done, battles have been lost, but on the whole the Bitcoin community is gaining ground in the war with bad actors.
We want to thank the community for those efforts, for your support in hardening the network, helping users recover funds, and for your support in our assertion that crime does not deserve rewards.
To those holding the stolen bitcoin:
There is still an opportunity to resolve this responsibly. The bitcoin can be returned and we can revert to the standard of white-hat principals.
However, if the funds are not returned, we will pursue every lawful avenue available to us. We will work with law enforcement, exchanges, service providers, forensic specialists, and other relevant parties to trace and recover the assets and identify those responsible.
More importantly, Bitcoin is transparent by design and the community is made up of the most sophisticated engineers, cryptographers, and white-hat hackers globally. Transactions do not disappear, and neither does the evidence they leave behind.
We will not pay for the return of stolen property. We will not abandon our users. The Bitcoin community will not stop pursuing the funds.
Return the bitcoin.
J D retweeted
To those responsible for the theft of bitcoin from the Liquid Network:
Blockstream will not pay a ransom for the return of stolen funds. Taking assets without authorization and withholding their return is a crime, not responsible disclosure. It is not white-hat activity. It is theft.
We have engaged in good faith in an effort to secure the return of stolen user funds and protect the broader Bitcoin community. That effort should not be mistaken for acceptance of the actions taken nor of the terms being demanded.
We will not be a party to the precedent that open-source software developed for the good of the Bitcoin community should subject its developers to paying a ransom that far exceeds their economic participation.
Bitcoin is hard money and can’t be minted without costs, Bitcoin doesn’t haircut users to pay a ransom.
To the Bitcoin community:
We are fighting for what we believe in, for the users whose funds were taken, and for the principles on which Bitcoin was built.
The community has demonstrated incredible resolve with teams of people dedicating their time in support of each other to identify and patch vulnerabilities in each other's products and systems. We are all driven by the mission that Bitcoin is the single best asset, for every person, company, and institution on the planet to invest, use, and build on. The world is a different place with the advancements of AI, and the Bitcoin community has responded with force to combat that threat.
Damage has been done, battles have been lost, but on the whole the Bitcoin community is gaining ground in the war with bad actors.
We want to thank the community for those efforts, for your support in hardening the network, helping users recover funds, and for your support in our assertion that crime does not deserve rewards.
To those holding the stolen bitcoin:
There is still an opportunity to resolve this responsibly. The bitcoin can be returned and we can revert to the standard of white-hat principals.
However, if the funds are not returned, we will pursue every lawful avenue available to us. We will work with law enforcement, exchanges, service providers, forensic specialists, and other relevant parties to trace and recover the assets and identify those responsible.
More importantly, Bitcoin is transparent by design and the community is made up of the most sophisticated engineers, cryptographers, and white-hat hackers globally. Transactions do not disappear, and neither does the evidence they leave behind.
We will not pay for the return of stolen property. We will not abandon our users. The Bitcoin community will not stop pursuing the funds.
Return the bitcoin.
J D retweeted
Security Notice & Phishing Alert
Following the recent Liquid Network incident, scammers are impersonating Liquid and Blockstream and urging users to "take action." Don't.
Blockstream will never ask for your recovery phrase or PIN, ask you to send funds, or provide a link for updated software.
Never - Send funds to a "recovery" address
Never - Enter your seed on a "migration" site
Never - Install firmware or software from an email link
Never - Reply to unsolicited DMs
Treat as scams: "mandatory security update" emails and portals, refund / re-peg / "claim L-BTC" sites, fake support DMs, lookalike domains, and unsolicited "white-hat" or bounty outreach.
For verified updates, go only to blockstream.com or the official Blockstream app from the official app stores.
J D retweeted
LIQUID NETWORK UPDATE: INCIDENT REPORT
Status as of September 8, 2026, 19:10 UTC
What Happened?
On September 6, 2026 at 15:53:10 UTC (Liquid block 4,050,336), a vulnerability in the open-source Elements software related to how Liquid nodes cache range proof verifications was exploited, resulting in the creation of ~4,000 LBTC that were not backed by bitcoin held in reserve.
The individual(s) responsible for the exploit then used the SideSwap service, a Liquid Federation member that holds a peg-out authorization (PAK) key, to convert the unbacked LBTC to BTC via Liquid’s standard peg-out mechanism. Because the validation failure occurred at the transaction level before the peg-out was initiated, both SideSwap’s node and the Liquid Network’s globally distributed functionary nodes accepted the LBTC as valid. The functionaries processed the peg-out as authorized, releasing approximately 4,000 BTC through SideSwap’s whitelisted bitcoin address, which SideSwap then forwarded to the address specified by the exploiters. Before the incident, the Liquid reserve held approximately 4,205 BTC. Following this peg-out and additional peg-outs processed before operations were halted, the reserve balance fell to 197 BTC.
Key Clarifications
No keys were compromised. The Liquid Federation functionaries were not hacked, and no private keys were compromised. The peg-out mechanism that authorizes withdrawals to whitelisted addresses operated as designed.
Other Liquid-issued assets were not affected. USDT and other tokens issued on the Liquid Network were not impacted by the vulnerability, though they are temporarily unavailable while the network remains paused.
Investigation is ongoing. As is common in complex critical-system failure investigations, this incident arose from the convergence of several individually low-probability factors that interacted in ways that ultimately defeated the system's built-in redundancies. More detail will be shared in forthcoming communications.
What Steps Have Been Taken To Recover The Assets?
The individual(s) responsible for the exploit left a public message on the bitcoin mainchain identifying themselves as white-hat security researchers and requesting contact to address the vulnerability.
Patch deployed. Blockstream identified and deployed a patch to the Liquid Network’s bridge nodes, which was completed on September 7 at 01:09 UTC, ensuring the vulnerability is no longer exploitable.
Partial fund recovery. On September 7 at 16:09:25 UTC (Liquid block 965,950), the exploiters returned 3,400 BTC to the Liquid Federation peg wallet. Approximately 598.5 BTC (15% of the total) remains outstanding. Discussions between Blockstream and the individuals responsible are ongoing to secure the return of the remaining funds.
What Comes Next?
Our immediate priorities are recovering the remaining funds and resuming normal network operations safely and as quickly as possible.
Software update in progress. A fix for the exploited vulnerability has been developed and is undergoing multiple rounds of internal and external review. Blockstream is preparing an emergency release of Elements (v23.3.4), which is expected to be released as soon as possible, but within approximately 48 hours.
Network restoration. Once the software update is finalized, Liquid Network functionary operators will perform additional adjustments to resume full functionality and restore the corrected network state, including rejection of the invalid peg-out.
Ongoing updates. We will continue to provide detailed updates as the situation progresses.
What You Should Know
The Liquid Network remains offline at this time, while we work on reviewing the security fixes and network resumption code and coordinate with the white hat hacker towards timely resumption of the network with 1:1 backing for BTC. While the network is paused, users cannot transact on Liquid. If you operate a Liquid node, please watch for the emergency Elements release and follow the upgrade instructions when available. Users do not need to take any proactive steps to protect their funds at this time.
The Liquid Federation and its members are committed to resolving this incident in coordination with Blockstream and to resuming normal operations as soon as it is safe to do so.
J D retweeted
There's no single path into Bitcoin.
@adam3us on why every on-ramp matters, and where the new Jade Core hardware wallet fits.
J D retweeted
it's not just that it doesn't stop spam. but also doesn't have consensus, can't stop spam, and breaks lots of things. this one is key: does NOT have consensus. anything without consensus which someone attempts to force MUST be rejected as a matter of principle.
J D retweeted
79 year old Vietnam veteran who has lived in the same 2 bedroom home in Long Beach for 46 years is being evicted after his land lord died
He’s living on disability and Social Security. He also mows some lawns for income
He’s been paying a discounted rent of $1,200 per month but rent in the area starts are about $2,500. He can’t afford that
His previous landlord was a woman named Karla Bartley, she was 91. She lived nearby and was generous with discounted rents for many tenants
Her estate is selling the property so everyone there was served with eviction notices
I was able to find her has a GoFundMe
GoFundMe is named “Help Dennis Find a New Home After Eviction.” It has raised about $2,425 toward a $60,000 goal for moving costs and new housing deposit
We shouldn’t let veterans fall through the cracks but man they moving cost of $60,000 seems crazy
A mover is only a couple thousand bucks and a deposit is only about a thousand bucks… maybe it’s for the increase in monthly rent for the coming years
I wasn’t able to find any reports of permanent housing found for him as of today
J D retweeted
JUST IN: CYPHERPUNK LEGEND ADAM BACK JUST ABSOLUTELY BURIED MARK CUBAN ON TV FOR SELLING ALL HIS #BITCOIN
BTC IS "DIGITAL GOLD"
IT WILL HIT "PARITY WITH GOLD" THIS CYCLE
HE'S CALLING FOR $1,500,000 🚀
J D retweeted
California Homelessness Executive making $430,000 per year, funneled million of dollars into her husband’s NGO three separate times, and has taxpayers pay for open bars at her parties. She paid $800,000 to silence whistleblowers
@5149jamesli “Her name is Dr Va Lecia Adams Kellum. She's the former CEO of the LA Homeless Services Authority”
- She paid herself a monstrous salary, $430,000 a year.
- Then she funneled millions of dollars into her husband's sham organization, allegedly three separate times
- She also really tried to booze it up at her holiday party by demanding that taxpayers pay for her open bar, and when an associate of hers said that, hey, that is an improper use of public funds, she got visibly angry and then terminated her employment
“This is not only very petulant behavior, but also very illegal. After that, she started hiring her friends with whistleblowers, alleging that she pushed out staff in experienced staff to hire unqualified friends and former subordinates from her previous job into high level, high salary positions within the LA Homeless Services Authority.
And when people caught wind of this and started reporting, she tried to cover her tracks by destroying public records and also arranging to pay hush money, $800,000 to silence whistleblowers.”
This is why the homeless problem in LA will never get solved. It’s a business and the people who run the business, the politically connected NGOs, are all getting filthy rich. They are quite literally paying themselves half a million dollar salaries and living like kings
How have no Democrats who have allowed this gone to prison
J D retweeted
Different time zones. Inconvenient hours. Hard-to-access markets.
@adam3us explains how @Liquid_BTC changes that: $4 billion in real-world assets including tokenized @Strategy and @Metaplanet shares, tradeable 24/7 and priced in Bitcoin.
J D retweeted
Her two examples of "Silicon Valley" are people who don't even live there, me and @elonmusk.
More importantly, both examples are fabrications. Elon was just explaining to financial analysts why robot hands are hard, and I never even mentioned OLPC - I have indeed read The Charisma Machine, and their CTO used to work for me. I was criticizing a much broader problem, the general idea that cheap computers+internet will lift the third world out of poverty. In fact, the only specific example I gave was smartphones+mobile internet!
But because Elizabeth Lopatto's narrative is that "silicon valley billionaires" are clueless, she has to invent, without evidence, a completely synthetic narrative about what I said, what I read, and what I know.
Silicon Valley has forgotten what normal people want theverge.com/tldr/915176/nft…
J D retweeted
Kimmel’s hateful and violent rhetoric is intended to divide our country. His monologue about my family isn’t comedy- his words are corrosive and deepens the political sickness within America.
People like Kimmel shouldn’t have the opportunity to enter our homes each evening to spread hate.
A coward, Kimmel hides behind ABC because he knows the network will keep running cover to protect him.
Enough is enough. It is time for ABC to take a stand. How many times will ABC’s leadership enable Kimmel’s atrocious behavior at the expense of our community.
J D retweeted
The city will be holding ONLINE auctions this week to sell unclaimed & abandoned vehicles—visit bit.ly/HnlAuction for a listing of vehicles & more information.
J D retweeted
Cypherpunk. Pioneer. CEO.
Today @adam3us is signing @BlockstreamJade Plus units at the Blockstream booth 1538 @thebitcoinconf.
Stop by, say hi and take photos with the man himself.
Tuesday April 28, 11:00AM–12:00PM PDT
