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2 sourcesTracking since 7 Sept, 06:29

Liquid Network Hit by $320M Bitcoin Security Incident as 4,000 BTC Leaves Federation Wallet

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Chronological coverage

  1. 8 September
  2. Latest8 Sept, 06:39

    Liquid Network suffers $320M hack as 4,000 BTC drained from federation wallet

    The hack exposes vulnerabilities in Bitcoin sidechains, challenging trust in federated models and prompting scrutiny of open-source security.

    CryptoBriefingCryptoBriefing•Editorial Team
  3. 7 September
  4. First seen7 Sept, 06:29

    Liquid Network Hit by $320M Bitcoin Security Incident as 4,000 BTC Leaves Federation Wallet

    Liquid Network confirmed a security incident after purported white-hat hackers withdrew about 4,000 Bitcoin, worth around $320 million, from the Liquid Federation wallet. The withdrawal was executed via the SideSwap PAK (Peg-out Authorisation Key), though Liquid confirmed the key itself was not compromised, nor were any others.  The federation wallet

    TheNewsCryptoTheNewsCrypto•Sarayu Krishna