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💥CONFIRMED💥: Hacker returns 3400 $BTC which hours earlier had stolen from Liquid Network. There are still 598 remaining to be returned for a value of 47 million dollars. Will this be the reward requested by the “white hat”?#LiquidNetworkHacked
🚨 $320M in BTC drained from Liquid.
Around 4,000 BTC moved through SideSwap in just 23 minutes.
But this wasn’t a classic private-key theft — the reported issue involved an Elements software bug.
The bigger lesson? Bitcoin’s base layer remained untouched, while the sidechain took the hit.
#Bitcoin #BTC #LiquidNetworkHacked #CryptoPatience
Around 4,000 BTC moved through SideSwap in just 23 minutes.
But this wasn’t a classic private-key theft — the reported issue involved an Elements software bug.
The bigger lesson? Bitcoin’s base layer remained untouched, while the sidechain took the hit.
#Bitcoin #BTC #LiquidNetworkHacked #CryptoPatience
Nearly 4,000 $BTC left Liquid Network this weekend. The actors left an on-chain message: “we are whitehats”. Now they are negotiating with Blockstream to get the funds back… but only after the bug is patched on all nodes.
Is this an ethical hack or a reminder that sidechains are still the weak link? Bridge trust is being put to the test once again.
Would you trust an on-chain promise of $320 million?
Source: Decrypt
#LiquidNetworkHacked
Is this an ethical hack or a reminder that sidechains are still the weak link? Bridge trust is being put to the test once again.
Would you trust an on-chain promise of $320 million?
Source: Decrypt
#LiquidNetworkHacked
#HackersAttack
😳😳😳😳
#LiquidNetworkHacked
The hack of the LiquidNetwork federation for 4000 BTC 😳😳😳😳😳😳😳😳😳
$BTC
as I said earlier, this has been the year of hacks!!!
😳😳😳😳
#LiquidNetworkHacked
The hack of the LiquidNetwork federation for 4000 BTC 😳😳😳😳😳😳😳😳😳
$BTC
as I said earlier, this has been the year of hacks!!!
🚨 4,000 BTC have vanished… and their value is approaching $320 million!
The infrastructure associated with Liquid Network was hit by a massive withdrawal operation targeting around 4,000 $BTC from the Federation wallet.
What’s interesting is that the perpetrators described themselves as “White Hats,” opening the door to bigger questions:
Was it a real theft?
Or was it an exploitation of a security vulnerability in order to expose it?
And will the funds be returned to their owners?
In the world of crypto, a single vulnerability can turn into losses of hundreds of millions within minutes.
That’s where the importance of security, continuous auditing, and proper private-key management comes in. 🔐
#Bitcoin #LiquidNetworkHacked #CryptoSecurity #blockchain #CryptoNews
The infrastructure associated with Liquid Network was hit by a massive withdrawal operation targeting around 4,000 $BTC from the Federation wallet.
What’s interesting is that the perpetrators described themselves as “White Hats,” opening the door to bigger questions:
Was it a real theft?
Or was it an exploitation of a security vulnerability in order to expose it?
And will the funds be returned to their owners?
In the world of crypto, a single vulnerability can turn into losses of hundreds of millions within minutes.
That’s where the importance of security, continuous auditing, and proper private-key management comes in. 🔐
#Bitcoin #LiquidNetworkHacked #CryptoSecurity #blockchain #CryptoNews
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