Search: “federation wallet”

Hackers have withdrawn ~4k BTC (~$320M) from the Liquid Federation wallet

Hackers reportedly withdrew about 4,000 BTC (~$320 million) from the Liquid Federation wallet, according to a widely shared report on X.

A post on X reports that hackers withdrew roughly 4,000 BTC — valued near $320 million — from the Liquid Federation wallet. The source text provides no details on the compromise method, attribution, custody impact, or any organizational response. The story drew heavy attention on Hacker News (125 points, 86 comments), indicating broad community concern.

Hacker News · security·Sep 6, 22:43 UTC · 10d agoData breach in the wildHN 125↑ · 86 comments

Hackers drain $320M in Bitcoin from Liquid Network, claim they're the good guys

Attackers withdrew about 4,000 BTC (~$320M) from Liquid Network's federation wallet via a SideSwap peg-out, claiming whitehat status.

Hackers drained roughly $320 million in Bitcoin — about 4,000 BTC, 95% of holdings — from the federation wallet backing Blockstream's Liquid Network sidechain. The withdrawal occurred through SideSwap using its Peg-out Authorization Key (PAK), yet no PAK appears to have been compromised, and the exact mechanism remains under investigation. The actors embedded an on-chain message identifying themselves as whitehats, asked Blockstream to patch federation nodes first, and promised to return most of the funds after fixes are confirmed. Liquid disabled its bridge nodes and asked exchanges to suspend L-BTC deposits and withdrawals; other Liquid assets and the Bitcoin network were unaffected.

The Register · Security·Sep 7, 13:26 UTC · 9d agoExploit / PoC in the wild

Hackers Drain $320 Million From Liquid Network, Then Return Most of It

Hackers exploited an Elements bug to drain about 4,000 BTC (~$320M) from Liquid Network's federation wallet, then returned 3,400 BTC after Blockstream patched.

An attacker drained roughly 4,000 of 4,200 BTC (~$320M) from Bitcoin's Liquid Network federation wallet on September 6 by exploiting a bug in Elements, the open-source code powering the sidechain, which allowed unbacked L-BTC tokens that were redeemed for real Bitcoin through SideSwap's authorized peg-out mechanism. The self-described white-hat attackers negotiated publicly via OP_RETURN on-chain messages, demanding the bridge nodes be patched before returning 3,400 BTC (~$262.6M) and keeping about 598 BTC (~$47M). Blockstream confirmed the affected bridge nodes were patched; the network remains paused while federation members complete security work, and experts debate whether the act legally constitutes extortion.

Security Affairs·Sep 8, 20:35 UTC · 8d agoExploit / PoC in the wild

Hackers Return $263 Million Stolen From Liquid Network

Hackers drain roughly 4,000 BTC (~$320M) from Liquid Network federation wallet, then return 3,400 BTC with ~598 BTC still outstanding.

Attackers withdrew about 4,000 Bitcoin (roughly $320 million) from the Liquid Network federation wallet, which held approximately 4,200 BTC, via the SideSwap Peg-out Authorization Key without that key being compromised. Blockstream disabled nodes and suspended transactions after disclosing the heist on Sunday. Alleged white-hat hackers returned 3,400 BTC (~$262.6M) on Monday, demanding the underlying bug be patched before releasing the remaining ~598 BTC (~$47M). The network remains paused while fixes and a safe restart are prepared.

SecurityWeek·Sep 8, 16:35 UTC · 8d agoData breach in the wild

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.

DataBreaches.net·Sep 7, 16:37 UTC · 9d agoData breach in the wild

Liquid Hackers Return 3,400 Bitcoin Taken via Elements Bug, Still Holding $47M in BTC

Hackers exploited an Elements bug to take ~4,000 BTC from Liquid Network, returned 3,400 BTC (~$265M), and still hold ~598.5 BTC (~$47M).

Attackers exploited a bug in Elements, the software behind Blockstream's Liquid Network Bitcoin sidechain, to create L-BTC and withdraw roughly 4,000 BTC (about $320 million) via SideSwap's Peg-out Authorization Key, roughly 95% of Liquid's reported reserves. They returned 3,400 BTC (about $265 million at ~$78,000 per BTC) to the federation address on September 7, keeping about 598.5 BTC (roughly $47 million). The group called itself white hats, demanded node patches before returning funds, and negotiated via on-chain and PGP-encrypted messages; Ledger CTO Charles Guillemet characterized the arrangement as extortion. Blockstream says the peg-out key and other keys were not compromised, updated software is deployed, and the network remains paused pending a coordinated restart.

The Hacker News·Sep 8, 14:54 UTC · 8d agoExploit / PoC in the wild

Critical Gitea RCE Actively Exploited as Reported Attack Drops Miner

CISA added actively exploited Gitea RCE CVE-2026-60004 (CVSS 9.8) to the KEV catalog as attackers deploy a cryptojacking dropper.

CVE-2026-60004 is a critical remote code execution flaw affecting Gitea versions 1.17 through 1.27.0, abused via the diffpatch endpoint to install a Git hook and execute shell commands as the Gitea OS user. Default open registration lets unauthenticated attackers obtain the required repository write access. CISA added the flaw to its Known Exploited Vulnerabilities catalog, giving federal agencies until August 28, 2026 to patch; version 1.27.1 fixes it. A developer reported their HOSTKEY-hosted VPS was exploited to run a miner-like dropper, driving CPU usage above 70% and killing competing processes.

The Hacker News·Aug 26, 07:34 UTC · 22d agoExploit / PoC in the wildCVE-2026-60004

SimpleHelp vulnerability exploited to deliver mighty Djinn Stealer (CVE-2026-48558)

Help Net Security·Jun 30, 00:00 UTC · Jun 30, 2026Vulnerability in the wildCVE-2026-485581

Two Arrests, One Supply-Chain Attack, and a Lot of Stolen Credentials

AFP charges two men over TeamPCP open-source supply-chain attacks that stole 500,000+ credentials from 1,000+ organizations via four malware families.

Australian police charged two Western Australian men as principal participants in TeamPCP, which allegedly inserted malicious code into open-source software to steal credentials and sensitive data from government, academia, and private sector organizations worldwide. The campaign compromised more than 1,000 organizations, harvested over 500,000 credentials, and exfiltrated at least 300 GB of data, with remediation costs in the hundreds of millions of dollars. Four malware families were deployed: CanisterWorm (cloud token harvesting), SANDCLOCK (AWS and Kubernetes credential theft), Mini Shai-Hulud (self-replicating npm/PyPI worm), and Miasma (credential-harvesting worm variant). Trojanized tools included Trivy, KICS, LiteLLM, and the Telnyx Python SDK, with exfiltration via GitHub repositories tpcp-docs and docs-tpcp.

Security Affairs·Aug 27, 14:09 UTC · 20d agoThreat actor in the wild1

The Smishing Deluge: China-Based Campaign Flooding Global Text Messages

Unit 42 attributes a global smishing campaign with 194,000+ phishing domains impersonating tolls, banks, and couriers to the Smishing Triad.

Palo Alto Unit 42 attributes ongoing smishing texts about toll violations and package misdelivery to the Smishing Triad, targeting U.S. residents since April 2024. Researchers identified 194,345 FQDNs across 136,933 root domains registered since January 2024, mostly via Hong Kong registrar Dominet (HK) Limited with Chinese nameservers and hosting concentrated on U.S. cloud services. The decentralized campaign impersonates banking, cryptocurrency, e-commerce, healthcare, law enforcement, and social media services, and its scale points to a large phishing-as-a-service operation. Phishing pages harvest national ID numbers such as Social Security numbers, home addresses, payment details, and login credentials.

Palo Alto Unit 42·Aug 17, 12:45 UTC · Aug 17, 2026Phishing & fraud in the wild1

Risky Bulletin: Two TeamPCP members arrested in Australia

Australian Federal Police arrested two alleged TeamPCP members behind supply-chain worm attacks that stole over 500,000 credentials from compromised open-source libraries.

The AFP arrested alleged TeamPCP leader Ruben Thomson, 21, and Louis Gaebler, 23, near Perth; both were charged and remain in custody. The group inserted a self-spreading credential-stealing worm into open-source projects including Trivy, KICS, LiteLLM, and Telnyx, harvesting more than 500,000 credentials used for network access, ransomware, extortion, and sales. About 78,000 tokens and secrets from nearly 2,200 organizations leaked online last month, and the FBI supported the investigation that began in April.

Risky Business News·Aug 28, 04:40 UTC · 20d agoPolicy & legal in the wild1

ThreatsDay: CEO Phishing Kits, 5K Dropbox Account Hacks, OAuth Traps + 17 More Stories

Microsoft warns of Teams IT-impersonation intrusions deploying Node.js implants; Spring Ring vishing hit 150+ employees across 10 companies; The Gentlemen ransomware claims 683 victims.

Microsoft warned of a human-operated campaign abusing Teams external collaboration to impersonate IT help desk staff, deploy malicious MSI packages staging Node.js runtimes and obfuscated JavaScript implants, then pivot to domain controllers over WinRM. Unit 42 documented the Spring Ring vishing operation targeting over 150 employees across at least 10 companies using 26 attacker identities, including an NTLM relay variant against domain controllers. Sophos reported The Gentlemen ransomware (Gold Sherwood) reached 683 total victims by end of July 2026, adding 169 in July, with a playbook using BYOVD-based EDR killers and backup tampering. Group-IB found the Outsider phishing-as-a-service platform created 700+ new phishing pages within a month despite law enforcement takedowns.

The Hacker News·Sep 3, 18:02 UTC · 13d agoThreat actor in the wild1