Hack Drains 4,000 BTC from Blockstream's Liquid Network
A hacker stole 4,000 BTC from Blockstream's Liquid Network by exploiting a fault in the peg-out authorization process.
Bitcoin, Ethereum and the wider digital asset market: price action, on-chain flows, protocol upgrades and institutional adoption.
A hacker stole 4,000 BTC from Blockstream's Liquid Network by exploiting a fault in the peg-out authorization process.
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Liquid Network's bridge was drained of ~4,000 BTC by attackers claiming to be white hats. Ledger's CTO doubts the claim, comparing it to the Ronin hack.
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Purported white-hat hackers removed 4,000 BTC from the Liquid Network federation wallet, halting bridge nodes and pausing the sidechain.
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