Tag: L-BTC

Liquid Network 3,400 BTC return after white-hat exploit — Jamoraquai
Crypto

Liquid Network Gets 3,400 BTC Back After $320M White-Hat Exploit

jamoraquai -
Purported white hats returned 3,400 BTC to Liquid's federation wallet after on-chain talks, kept ~598.5 BTC (~15%, ~$47–48M) as an implied bounty, and Liquid stayed paused. Sep 7 return update after the ~4,000 BTC drawdown.
Liquid Network ~4,000 BTC federation wallet withdrawal — Jamoraquai
Crypto

Liquid Network Pauses After ~4,000 BTC Leaves Federation Wallet in Alleged...

jamoraquai -
Blockstream's Liquid Network paused after purported white-hat actors withdrew ~4,000 BTC (~$320M) from the federation wallet backing L-BTC. SideSwap/Elements bug angle, exchange pauses, and what peg trust means next.