As cited
Copy frozen at (site build).
breaches incidents
Hackers drain $320M in Bitcoin from Liquid Network, claim they’re the good guys
Attackers withdrew approximately 4,000 Bitcoin (roughly $320 million) from the federation wallet securing the Liquid Network, a Bitcoin sidechain operated by Blockstream for exchanges and financial institutions. The attackers claimed responsibility and asserted their actions were justified.
Why it matters: Cryptocurrency exchanges and financial institutions using Liquid Network face immediate risk of asset loss and operational disruption; practitioners managing digital asset infrastructure should review wallet security and federation controls.
- Source published
- First seen by Cybersecurity Tracker
Source attribution
Correction
Correction recorded as of .
breaches incidents
Hackers drain $320M in Bitcoin from Liquid Network, claim they’re the good guys
Attackers withdrew approximately 4,000 Bitcoin (roughly $320 million) from the federation wallet securing the Liquid Network, a Bitcoin sidechain operated by Blockstream for exchanges and financial institutions. The attackers claimed responsibility and asserted their actions were justified.
Why it matters: Cryptocurrency exchanges and financial institutions using Liquid Network face immediate risk of asset loss and operational disruption; practitioners managing digital asset infrastructure should review wallet security and federation controls.
- Source published
- First seen by Cybersecurity Tracker