We have published the technical security assessment of the September 6 Liquid Network incident, which details the root cause and mechanics of the exploit, an incident timeline, and the engineering and security changes being implemented in response. https://lnkd.in/gEU7s3P8
Blockstream
Software Development
Menlo Park, California 27,445 followers
Blockstream is the global leader in Bitcoin and blockchain technology. #DontTrustVerify
About us
Building the rails for Bitcoin finance. Enterprise, consumer, asset management. The future of finance runs on ₿.
- Website
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https://www.blockstream.com
External link for Blockstream
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- Menlo Park, California
- Type
- Privately Held
- Founded
- 2014
- Specialties
- Bitcoin, Cryptography, Blockchain, Sidechains, Privacy Enhancing Technology, and Cryptocurrencies
Products
Elements
Blockchain Platforms
Elements is an open-source platform for deploying federated sidechains and blockchains, providing developers access to powerful features such as Confidential Transactions and Issued Assets. Bitcoin's leading sidechain, the Liquid Network, is an Elements-based federated sidechain.
Employees at Blockstream
Locations
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Primary
Get directions
Menlo Park, California, US
Updates
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LIQUID NETWORK UPDATE: TRANSACTIONS RESUMED, PEG-OUTS DISABLED Status as of September 10, 2026, 19:55 UTC Recovery Status The Liquid Network has entered into its next recovery phase. Block production has resumed, and functionary nodes are signing and validating blocks. Transactions on the network have resumed, while peg-outs remain disabled as a precautionary measure while the final stage of recovery continues. Rigorous testing, AI-assisted code scanning, and continuous network monitoring are underway by internal and external teams. Further information on the resumption of peg-outs will be shared once available. Important: What You Should Know Users do not need to take any proactive steps at this time. If you operate a Liquid node, please update to Elements v23.3.4 immediately. Reminder: Beware of Scams There are reports of scammers attempting to exploit the situation through fraudulent update sites and messages. Please rely only on official Liquid Network, Blockstream Jade, and Blockstream channels. Never send funds to unfamiliar addresses, transfer assets to unknown channels, or disclose private keys or seed phrases in response to unsolicited communications. More Updates Soon Updates will be shared through official Liquid Network and Blockstream channels. The Liquid Federation and Blockstream again sincerely thank the broader Bitcoin community for its continued assistance and support during this recovery.
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2% allocation. If Bitcoin doesn't perform, the portfolio recovers. If it continues toward $200T, the effect is outsized. Adam Back on why pension funds don't need to form an opinion on how far Bitcoin goes, just stay the course and don't rebalance.
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Blockstream's CPO Jeff Boortz joined J.D. Durkin on FINTECH.TV to talk through last month's hardware wallet incident. If a Coldcard created your seed, assume you are at risk. Move to a fresh phrase on hardware you trust. Do not restore the old one. Jade was not affected. There is no silent RNG fallback. Every recovery phrase is mixed from multiple independent entropy sources.
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blockstream.info has been rebuilt, for Bitcoin and Liquid Network. Watch the next block fill. Read real analysis on any transaction. Check Liquid's backing yourself, in one dashboard. https://lnkd.in/eFt-etQU
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If Bitcoin had to choose a lattice signature today, it would be Falcon-1024. Blockstream Research has published a full report on Dilithium, Falcon and Hawk: what each costs on-chain, how hard each is to implement safely, and which assumptions you are trusting. https://lnkd.in/eiduz_7D
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“The amount of Bitcoin buying is much higher than Bitcoin being mined So it's just a question of when the sellers run out of Bitcoin to sell or decide they don't want to sell any more.” Blockstream CEO Adam Back
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Jade firmware 1.0.41 is out. It contains security updates and every user should upgrade as soon as they safely can. Jade is not affected by the Coldcard random number vulnerability. The reasoning, and everything we changed, is in the post. https://lnkd.in/g5B_EA_D
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The Simplicity community is live. A dedicated space for in-depth technical discussion with the team building high-assurance Bitcoin contracts. Ask your questions, see what others are shipping, and post the actual code. https://lnkd.in/eNWhkkeU
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"If you can't outperform Bitcoin with a strategy, maybe you should just buy Bitcoin." Over six-year rolling periods for the last 15 years, Bitcoin has been the outlier asset class. Adam Back on why Bitcoin is the hurdle rate for long-term value preservation.