Liquid Network

Liquid Network hackers return $268M in Bitcoin, keep $47M

The Liquid Network, a Bitcoin sidechain used by cryptocurrency exchanges for fast settlement, was drained of roughly $320 million in bitcoin on Sunday after self-described white-hat hackers exploited a software bug, in one of the largest crypto security breaches this…

Purported white-hat hackers drain $320M from Liquid Network

Purported white-hat hackers drained approximately 4,000 bitcoin — roughly $320 million — from the Liquid Network's federation wallet on Sunday, prompting the Bitcoin sidechain to pause all network activity as Blockstream scrambles to contact the attackers.