๐จ BREAKING: ~4,000 $BTC ($320M) drained from Liquid's custody wallet
Key facts:
โข Self-proclaimed "white hat hackers" behind the drain
โข Withdrawal keys were used, but Liquid denies key compromise
โข Liquid network effectively halted โ CEXs suspending LBTC deposits/withdrawals
Not confirmed as theft yet. No word on fund recovery. This is Liquid sidechain drama, NOT mainnet $BTC.
Stay cautious. Watch your bridge exposure.
Key facts:
โข Self-proclaimed "white hat hackers" behind the drain
โข Withdrawal keys were used, but Liquid denies key compromise
โข Liquid network effectively halted โ CEXs suspending LBTC deposits/withdrawals
Not confirmed as theft yet. No word on fund recovery. This is Liquid sidechain drama, NOT mainnet $BTC.
Stay cautious. Watch your bridge exposure.