Hackers drain $320M in Bitcoin from Liquid Network, claim they’re the good guys
Hackers withdrew roughly 4,000 BTC (about $320M) from the Liquid Network federation wallet backing the Blockstream-developed Bitcoin sidechain, claiming benign intent.
Blockstream said Sunday that around 4,000 BTC, roughly $320 million, was withdrawn from the federation wallet backing Liquid Network, a Bitcoin sidechain used by exchanges and financial institutions. The attackers publicly claimed they were 'the good guys'; no attribution or recovery details are provided. The theft affects infrastructure that backs custodial Bitcoin transfers for exchanges.
- About 4,000 BTC (~$320M) withdrawn from federation wallet
- Liquid is a Blockstream-developed Bitcoin sidechain used by exchanges
- Hackers publicly claimed they were 'the good guys'
- Vendors
- Blockstream
- Products
- Liquid Network
- Victims
- Liquid Network
- Organizations
- Blockstream
From the original article
Carly Page reports: Hackers have drained roughly $320 million in Bitcoin from the federation wallet backing the Liquid Network, while claiming to be the good guys. Liquid, a Bitcoin sidechain developed by Blockstream and used by exchanges and other financial institutions, said in a post on X on Sunday that around 4,000 BTC had been withdrawn from... Source
By Dissent · databreaches.net
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