Supposed White-Hat Hackers Drain $320 Million in BTC From Liquid Network, Say They’ll Return It After Fix
The alleged whitehat hacker said that Liquid must fix its bug and patch every node before returning the withdrawn Bitcoin.
Liquid Network — page 3
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Liquid's Attackers Called Themselves White Hats, Ledger's CTO Isn't Buying It
Ledger’s Chief Technology Officer has questioned the white hat label attached to the $320 million taken from Liquid Network. He stopped short of calling it a theft. Liquid described the parties as purported white hat hackers, and Blockstream is trying to reach them on-chain. Liquid Network Freezes Its Bridge as Self-Proclaimed White Hats Take 4,000
BeInCrypto•Kamina Bashir7 Sept
Blockstream Hunts ‘White Hats’ After 4,000 BTC Leaves Liquid
The layer two (L2) sidechain known as the Liquid Network paused on Sunday following a so-called white hacker exploiting a bug in Blockstream’s Elements software, according to the X account Sideswap (Blockstream’s atomic-swap marketplace). 4,000 BTC Exit Liquid as Blockstream Scrambles to Contain Exploit On Sunday afternoon, the onchain sleuth Ergo BTC discovered that Blockstream’s […]
Bitcoin.com News•Jamie Redman7 Sept
Alleged White-Hat Hackers Withdraw 4,000 bitcoin from Blockstream’s Liquid Network Federation Reserves
Bitcoin Magazine Alleged White-Hat Hackers Withdraw 4,000 bitcoin from Blockstream’s Liquid Network Federation Reserves Liquid Network said purported white-hat hackers withdrew about 4,000 bitcoin from the federation wallet that backs L-BTC. Bridge nodes are disabled and the sidechain is paused. This post Alleged White-Hat Hackers Withdraw 4,000 bitcoin from Blockstream’s Liquid Network Federation Reserves first appeared on Bitcoin Magazine and is written by Juan Galt .
Liquid Network pauses after purported ‘white-hat’ hackers withdraw $320 million in bitcoin
The Bitcoin sidechain has been paused, with exchanges suspending LBTC deposits and withdrawals as Blockstream works to contact those responsible.
The Block•Zack Abrams6 Sept
Attackers Leave On-chain Message After $320 Million Exits Liquid Network
$319 million left Blockstream's Liquid peg on Sunday. The wallet left a note. The chain says the peg still balances.
BeInCrypto•Lockridge Okoth6 Sept
White hat hacker drains ~4,200 BTC from Liquid Network, worth $320M
The incident raises critical concerns about the security and trustworthiness of federated sidechain models, necessitating urgent scrutiny.
CryptoBriefing•Editorial Team6 Sept
‘We Are Whitehats’: Nearly 4,000 BTC Drained From Blockstream’s Liquid Peg
According to several reports, nearly 4,000 bitcoin worth roughly $319 million appear to have moved out of the Liquid Network’s federation wallet Sunday, followed by an onchain message from an unidentified party claiming, “we are whitehats. contact us on chain.” The developing story remains unconfirmed by the network’s team, and neither Blockstream, Liquid, nor Adam […]
Bitcoin.com News•Jamie Redman6 Sept
Bitfinex Securities lists five tokenized Bitcoin treasury products on Liquid Network
Bitfinex's tokenized Bitcoin treasury products enhance investment accessibility and diversify digital asset portfolios, impacting global crypto markets.
CryptoBriefing•Editorial Team1 Sept
Blockstream implements quantum resistance in Liquid Network and hardware wallets
Blockstream's quantum resistance in Liquid Network and hardware wallets sets a precedent for future-proofing crypto against emerging threats.
CryptoBriefing•Editorial Team13 Jul