4+Ventures highlights that Liquid Network uses confidential transactions to hide amounts and prevent the detection of counterfeit Bitcoin tokens.
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Someone printed $320 million of Bitcoin that didn't exist. Nobody could tell it was fake. The system was built not to be able to. On Saturday, the wallet backing Liquid'…
Company
4+Ventures
A Venture Building Studio focusing on Web3.o, AI, Sustainability and Next-Gen Infrastructure Technologies
- Industry
- Technology, Information and Internet
- Location
- Stockholm, SE
- Company size
- 11–50 employees
About 4+Ventures
4+ Ventures stands at the forefront of venture creation, distinguishing itself through a unique amalgamation of consulting services, strategic equity investments, and the cultivation of native ventures. Our model is built upon a foundation of collaboration and shared success, primarily facilitated through our School of Partners.
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Latest activity from 4+Ventures
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Capital & Finance
4+Ventures reported that Pons did $9.05 million in fees in 24 hours, beating PumpFun.
Research & Knowledge
4+Ventures examined the cognitive construct of Theory of Mind in a systematic review of 329 studies on how concepts from human cognition are applied to AI.
Customers & Market
4+Ventures reports that euro stablecoins reached an all-time high of $776 million for the month and 68% year over year.
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Bloomberg News
Bloomberg News reported that roughly $320 million of Bitcoin was drained from Liquid Network, a blockchain used by several crypto exchanges to settle transactions.
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XBO.com
XBO.com reported that Blockstream's Liquid Network lost ~$320M (95% of its reserve) in an exploit, while Bitdeer and Hyperscale Data pivoted mining capacity toward AI/HPC contracts.
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Jobited
Jobited reported that 4,000 Bitcoin worth $320 million was withdrawn following a Liquid Network hack.
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BBAT Technologies & Digital Services, LLC
BBAT Technologies & Digital Services, LLC notes that the Bitcoin sidechain Liquid paused operations after purported white-hat hackers withdrew approximately $320 million in Bitcoin.
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StarkWare