Liquid Network Resumes Block Production After 4,000 BTC Exploit
Chronological coverage
First seen10 Sept, 14:08Liquid Network Resumes Block Production After 4,000 BTC Exploit
The Liquid team announced that the network has entered the next phase of its controlled resumption after a white-hat hacker took control of nearly 4,000 BTC and later returned 3,400 BTC. Nonetheless, transactions will not be available until the network is confirmed to be stable. Liquid Resumes Operations After Hacking Incident The Liquid network sidechain, […]
Bitcoin.com News•Sergio Goschenko
Follow-up10 Sept, 16:38Liquid Network resumes block production after $320M exploit
Liquid restarted block production after deploying emergency software updates, though transactions and peg operations remain suspended as recovery efforts continue.
Cointelegraph•Cointelegraph by Nate Kostar
Follow-up10 Sept, 16:53Liquid Network resumes block production after $320M Bitcoin drain
The exploit highlights vulnerabilities in federated blockchain models, raising concerns about security and trust in decentralized finance systems.
CryptoBriefing•Editorial Team
Follow-up10 Sept, 20:57Liquid 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…
Crypto.news•Lawrence Mondal
Latest11 Sept, 07:50Liquid Network Restarts Block Production After $320M Bitcoin Exploit
The Liquid Network has resumed block generation after the large Bitcoin withdrawal from its system. But users can’t perform transactions or cash out L-BTC at this time. This is because the resumption of block generation represents a cautious attempt to return to normalcy. Especially, after a hack attack that saw
TheNewsCrypto•Lakshya Baskar