#sideswapsuspendsliquidservices :
🚨🔥 BREAKING CRYPTO NEWS | SIDE SWAP SUSPENDS LIQUID SERVICES 🔥🚨
🎙️ By ElCryptoBoy
⚠️ Alert in the Bitcoin ecosystem. SideSwap has temporarily suspended Liquid network services after an incident related to the invalid creation of 4,000 L-BTC through a vulnerability in the Elements software was detected.
[binance.com]💰 According to the published information, a user sent 4,000 L-BTC to SideSwap's peg-out service and the operation was processed normally. Later, the Liquid Federation came to pay 3,996 BTC to the indicated address. After that, Blockstream confirmed that those L-BTC had been minted through a system vulnerability.
[binance.com]🔒 SideSwap says that: ✅ Its systems were not compromised.
✅ The peg-out authorization key remains secure.
✅ Non-custodial users' funds have not been affected.
[binance.com]⛔ As a precautionary measure: 🔄 Swaps suspended.
🔄 Peg-ins suspended.
🔄 Peg-outs suspended.
Until the Liquid network is operational again.
[binance.com]👀 The crypto community is closely following this case because it once again puts the focus on the security of blockchain infrastructure and the risks associated with software vulnerabilities.
🚀 Moral: Not all risk is in the price. It is also in the technology that supports the ecosystem.
#Bitcoin