Liquid Network Resumes Blocks After $320M Bitcoin Withdrawal
6 Articles
6 Articles
Liquid Network resumes blocks after $320M Bitcoin withdrawal
Liquid Network has resumed block production without processing transactions after a $320 million Bitcoin withdrawal forced the sidechain to halt operations. Liquid Network said in a Thursday update that its functionary nodes were again producing blocks as intended, but the…
Liquid Network Resumes Operations After $320M Security Breach
TL;DR: On September 10, 2026, the Liquid Network federation resumed block generation following a four-day technical suspension. A vulnerability in the Elements software enabled the unbacked minting of nearly 4,000 LBTC and the withdrawal of 3,996 BTC on September 6, 2026. Operating reserves dropped from 4,205 BTC to 197 BTC during the exploit, followed by ...
Liquid Network resumes transactions as hacker keeps 600 BTC
Blockstream’s sidechain Liquid resumed block production on Thursday, about four days after a person claiming to be a white hat hacker drained close to 4,000 BTC from its federation wallet and then handed back most of it. The restart is pertinent to anyone with Liquid Bitcoin (L-BTC) or stablecoins on the network. Funds have been suspended since Sunday, and about 600 BTC still in the attacker’s hands represents a hole in the reserve backing those…
Liquid Network's 598 BTC Still Missing After $320M Bitcoin Exploit Shakes Blockstream Federation
Liquid Network is back producing blocks. Sort of. Transactions are still off, peg operations are frozen, and nearly 600 Bitcoin… Read the original on Liquid Network Struggles as $320M Exploit Leaves 598 BTC Still Missing. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Almost 95% of the BTCs in the federated portfolio were lost Vulnerability supposedly allowed the creation of L-BTC, which the system considered valid Those who withdrew the BTCs promised to return the assets
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