$BTC
🚨 A security breach shakes the Liquid Network and Bull Bitcoin temporarily suspends operations!Bull Bitcoin announced that it has temporarily suspended Bitcoin (L-BTC) withdrawal operations on its platform, following a security attack targeting the sidechain Liquid Network.📊 Details of the vulnerability and the amount affected:Hack size: The incident involved withdrawing roughly 4,000 bitcoins out of the protocol.Refunded funds: The attackers (who identified themselves as ethical hackers, White Hats) continued to communicate with the developers and returned about 3,400 bitcoins after fixing the vulnerability.Pending amounts: The attacker still holds 598.50 bitcoins.⚙️ Immediate actions taken:Temporary shutdown: Bull Bitcoin temporarily closed incoming Lightning Network payments to maintain inventory balance.Timeline for resolution: The platform expects to fully resume exchange services within 30 days, noting that this timeline is not guaranteed in full.Current status of the network: Liquid Network management confirmed that block production, network transactions, and L-BTC transfers have already returned to normal.
🚨 A security breach shakes the Liquid Network and Bull Bitcoin temporarily suspends operations!Bull Bitcoin announced that it has temporarily suspended Bitcoin (L-BTC) withdrawal operations on its platform, following a security attack targeting the sidechain Liquid Network.📊 Details of the vulnerability and the amount affected:Hack size: The incident involved withdrawing roughly 4,000 bitcoins out of the protocol.Refunded funds: The attackers (who identified themselves as ethical hackers, White Hats) continued to communicate with the developers and returned about 3,400 bitcoins after fixing the vulnerability.Pending amounts: The attacker still holds 598.50 bitcoins.⚙️ Immediate actions taken:Temporary shutdown: Bull Bitcoin temporarily closed incoming Lightning Network payments to maintain inventory balance.Timeline for resolution: The platform expects to fully resume exchange services within 30 days, noting that this timeline is not guaranteed in full.Current status of the network: Liquid Network management confirmed that block production, network transactions, and L-BTC transfers have already returned to normal.