Alexandre Block

Author of Bitcoin Decoded. Writing about bitcoin, financial freedom and liberty. #Bitcoin

[Alexandre Block @AlexandreBlockB]

Bitget perdeu US$ 388 milhões em 24/09 sem que as chaves privadas fossem comprometidas: ordens de saque falsificadas via software de segurança de terceiros. O elo fraco não era o bitcoin, eram os intermediários. 🧡 https://t.co/tEvOSxAtan #Bitcoin #Cripto

[Alexandre Block @AlexandreBlockB]

Bitget a perdu 388 M$ le 24 septembre, sans vol de clés privées : des ordres de retrait falsifiés via un logiciel de sécurité tiers. Le maillon faible n'était pas le bitcoin, mais les intermédiaires. 🧡 https://t.co/P5RREGWpeI #Bitcoin #Crypto

[Alexandre Block @AlexandreBlockB]

Bitget perdió 388 M$ el 24 de septiembre sin robo de claves privadas: órdenes de retiro falsificadas vía un producto de seguridad de terceros. El eslabón débil no era bitcoin, eran los intermediarios. 🧡 https://t.co/3gqVBJunkE #Bitcoin #Cripto

[Alexandre Block @AlexandreBlockB]

Bitget lost $388M on Sept 24 with no private key stolen: withdrawal orders spoofed via a third-party security tool. The weak link was not bitcoin, it was the intermediaries. 🧡 https://t.co/nHBJOwPecD #Bitcoin #Crypto

[Alexandre Block @AlexandreBlockB]

https://t.co/nFTtCS0zBz, plus d'un million d'utilisateurs, n'échange plus depuis juin : la BaFin a refusé la licence MiCA de son opérateur. Sans agrément européen, une plateforme n'a plus le droit d'opérer. Vérifiez le registre avant d'y déposer des fonds. https://t.co/P5RREGWpeI

[Alexandre Block @AlexandreBlockB]

On Oct 5 the CFTC issued its first crypto rules: leveraged trading gets a new federal venue. Plain spot bitcoin buying stays outside both the CFTC and the SEC, the gap CLARITY was meant to fill before the Senate killed it 49-50. https://t.co/sGtiQ9BNiA #Bitcoin

[Alexandre Block @AlexandreBlockB]

Bitget perdeu US$ 388 milhões em 24/09 sem que as chaves privadas fossem comprometidas: ordens de saque falsificadas via software de segurança de terceiros. O elo fraco não era o bitcoin, eram os intermediários. 🧡 https://t.co/tEvOSxAtan #Bitcoin #Cripto

[Alexandre Block @AlexandreBlockB]

Bitget a perdu 388 M$ le 24 septembre, sans vol de clés privées : des ordres de retrait falsifiés via un logiciel de sécurité tiers. Le maillon faible n'était pas le bitcoin, mais les intermédiaires. 🧡 https://t.co/P5RREGWpeI #Bitcoin #Crypto

[Alexandre Block @AlexandreBlockB]

Bitget perdió 388 M$ el 24 de septiembre sin robo de claves privadas: órdenes de retiro falsificadas vía un producto de seguridad de terceros. El eslabón débil no era bitcoin, eran los intermediarios. 🧡 https://t.co/3gqVBJunkE #Bitcoin #Cripto

[Alexandre Block @AlexandreBlockB]

Bitget lost $388M on Sept 24 with no private key stolen: withdrawal orders spoofed via a third-party security tool. The weak link was not bitcoin, it was the intermediaries. 🧡 https://t.co/nHBJOwPecD #Bitcoin #Crypto

[Alexandre Block @AlexandreBlockB]

Em 6 de março de 2025, os EUA criaram uma reserva estratégica de bitcoins. Bancos centrais e fundos de pensão compram. E quase ninguém te explica como isso funciona de verdade. O manual que seu banco nunca vai te dar: https://t.co/3AFhrCoUjB #Bitcoin #Cripto

[Alexandre Block @AlexandreBlockB]

El 6 de marzo de 2025, EE. UU. creó una reserva estratégica de bitcoins. Bancos centrales y fondos de pensiones compran. Y casi nadie te explica cómo funciona de verdad. El manual que tu banco nunca te dará: https://t.co/9XBYbqRSfy #Bitcoin #Cripto

[Alexandre Block @AlexandreBlockB]

On March 6, 2025, the US created a strategic bitcoin reserve. Central banks and pension funds are buying. And almost nobody explains how any of it actually works. The manual your banker will never give you: https://t.co/sGtiQ9BNiA #Bitcoin #Crypto

[Alexandre Block @AlexandreBlockB]

Le 6 mars 2025, les États-Unis créaient une réserve stratégique de bitcoins. Banques centrales et fonds de pension achètent. Et presque personne ne vous explique comment ça marche. Le manuel que votre banquier ne vous donnera jamais : https://t.co/7zLxEcedAV #Bitcoin #Crypto

[BULLBITCOIN.COM @BULLBITCOIN_]

We know many of you are eager to know what will happen to Lightning payments in the BULL wallet, and when you will be able to convert L-BTC to BTC.

The reality is that the Liquid network's situation is completely outside of BULL’s control: we have to wait for the Federation to resume pegouts.
Any service that accepts L-BTC to send out BTC will soon accumulate L-BTC in its inventory, while its BTC inventory is depleted. Under normal circumstances, swap services that accumulate L-BTC use the pegout mechanism to rebalance their inventory. Absent this mechanism, our view is that a swap provider or exchange cannot operate sustainably.

BULL could re-enable inbound Lightning payments, allowing users to start accumulating L-BTC again, which would provide liquidity for those who want to exit L-BTC.
We have decided not to follow this approach for now and will wait for pegouts to resume, because that approach would rely on some users taking the risk of holding L-BTC without compensation or a guarantee that they can exit back to BTC.

For the pegout mechanism to be reactivated in Liquid, two conditions must be met.
First, the software needs to be secure to avoid another exploit that could drain the federation’s remaining ~3,600 BTC. That part is within the control of the federation members and their IT provider, Blockstream. The known vulnerabilities, as far as we know, have been fixed. What is harder is finding any currently unknown vulnerabilities, but this should not prevent the Liquid network from moving forward.

The second and most serious problem is that the total amount of BTC held by the federation must be equal to the total amount of L-BTC in circulation. In other words, the backing of L-BTC by BTC must return to a 1:1 ratio. We are aware of ongoing efforts to 'fill the gap' and at this stage, all we can do is wait for that to happen. Once that is done, BULL will be able to offer a conversion service that allows users to exchange their L-BTC for BTC at a 1:1 exchange rate.

Based on the information we have, our expectation is that Liquid swap and exchange services allowing users to convert their L-BTC to BTC could resume within 30 days. This is an educated guess, not a guarantee.

Looking beyond the current situation, we are also evaluating the best path forward for Lightning payments in the BULL wallet. As part of BULL’s ongoing R&D efforts, our CEO, @francispouliot_ is preparing a presentation examining the tradeoffs of the main alternative payment protocols available to Bitcoin wallets.
The goal is to identify the most robust and sustainable architecture for providing BULL users with the best possible experience going forward.

We would like to thank all our users for their continued patience and understanding. We will share further updates as reliable information becomes available.

[Alexandre Block @AlexandreBlockB]

Le CLARITY Act bloqué au Sénat le 15 septembre : 49 voix pour, 50 contre, 11 sous le seuil de 60. Bitcoin décroche de 3 % sous 76 000 $, 771 M$ de liquidations. Comprendre la réglementation, c'est comprendre le prix. #Bitcoin #Crypto

[Alexandre Block @AlexandreBlockB]

Les ETF bitcoin ont enregistré 731 M$ d'entrées en une seule journée, leur plus forte affluence depuis janvier. Un flux mesure la demande pour un produit coté, pas la valeur du réseau. La nuance compte quand on parle d'adoption institutionnelle. #Bitcoin #ETF

[Alexandre Block @AlexandreBlockB]

On Sept 15, the US Senate votes on the CLARITY Act: SEC for security-like tokens, CFTC for commodities like Bitcoin. If it stalls, regulators publish their own rules days later. Either way, the gray zone closes in 2026. Institutions waited 17 years. #Bitcoin #Crypto

[Alexandre Block @AlexandreBlockB]

Bitcoin sous pression autour de 73 000 $ dans les tensions USA-Iran, mais sa dominance atteint 58,57 %, un plus haut depuis 2025. Dans une crise, le capital se replie d'abord sur le bitcoin avant de sortir. La dominance raconte ça mieux que le prix. #Bitcoin #Crypto

[Alexandre Block @AlexandreBlockB]

Les ETF bitcoin ont perdu 462,7 M$ en quatre séances pendant que les ETF Ethereum prenaient 196,9 M$. Ce n'est pas une fuite, c'est une rotation : le capital change de poche. Le prix évolue autour de 77 200 $ avant la Fed du 16 septembre. #Bitcoin #ETF