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Liquid BTC peg-outs can resume only after security is verified, Samson Mow notes

Liquid BTC peg-outs can resume only after security is verified, Samson Mow notes
Liquid BTC peg-outs paused for security

Samson Mow, chief executive officer at JAN3, states that while the AQUA team is working on restoring integrated services, Blockstream developers are focusing on enhancing Liquid BTC security and conducting rigorous testing.

Mow emphasizes that peg-outs from the network will remain unavailable until developers confirm safety, cautioning that the process cannot be rushed.

Mow previously introduced the OMEGA60 model, projecting Bitcoin could reach $1.0 million by February 2031. He also announced the renaming of the Bitcoin hardware wallet to Bitcoin signing device, signaling a product evolution for users. These statements further establish his active role in key industry developments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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