Liquid Network, a settlement layer used by exchanges, halted all transactions after losing $320 million worth of bitcoin in a security exploit.
Bitcoin (CRYPTO: BTC) Layer 2 solution Liquid Network said on Sunday that white-hat hackers drained BTC worth tens of millions from the platform. What Exactly Happened Liquid Network stated on …
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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 …
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Liquid Network acknowledged a security breach on Sunday (September 6) after nearly 4,000 BTC, valued at approximately $320 million, were taken from the Bitcoin wallet of Liquid Federation. A peg-out, …
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.
Ledger CTO challenges Liquid's whitehat claim after a 3,996 BTC peg-out worth $318.4M drew scrutiny.
Matt Hougan, chief investment officer at Bitwise Asset Management, recently reduced the crypto market to three themes he thinks investors should own for years: Bitcoin as a hedge against currency …
The Bitcoin sidechain has been paused, with exchanges suspending LBTC deposits and withdrawals as Blockstream works to contact those responsible.
Bitmine's ETH treasury nears its 5% ownership goal as staking rewards steadily reduce buying demand.
The shutdown highlights the critical need for stringent regulatory oversight and transparency in cryptocurrency exchanges to protect investors. Orionx halts withdrawals ahead of permanent shutdown after $7M custody shortfall.
