Hackers Return $263 Million Stolen From Liquid Network

Hackers Return 3 Million Stolen From Liquid Network
Alleged white-hat hackers returned 3,400 Bitcoin after a theft from the Liquid Network sidechain that initially drained about 4,000 Bitcoin from its federation wallet. Blockstream and Liquid have paused network activity and are working with the attackers to fix the vulnerability, with roughly 598 Bitcoin still outstanding. #LiquidNetwork #Blockstream #Liquid #Bitcoin

Keypoints

  • Liquid Network disclosed a theft involving about 4,000 Bitcoin.
  • The sidechain disabled nodes and suspended all transactions after the incident.
  • Exchanges were notified to pause LBTC deposits and withdrawals.
  • Alleged white-hat hackers claimed the attack and demanded the bug be fixed first.
  • Blockstream said 3,400 Bitcoin was returned, while 598 Bitcoin remains outstanding.

Read More: https://www.securityweek.com/hackers-return-263-million-stolen-from-liquid-network/