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Liquid Network Hack Drains $320M in BTC Before Attackers Return Partial Funds

Crypto Briefing Read original source (opens in a new tab)
The Story

News Summary

  • Blockstream's Liquid Network suffered a $320 million exploit due to a range-proof bug in its Elements software.
  • Attackers returned 3,400 BTC but retained 598 BTC worth $47 million as a bounty.
  • Liquid operations and L-BTC trading remain paused across exchanges, denting confidence in federated sidechains.
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78887.49 +19.74% over the displayed period

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