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

4,000 BTC was withdrawn from Liquid's Federation wallet via the SideSwap PAK, while Liquid said the authorisation key itself was not compromised. Liquid disabled bridge nodes and paused the sidechain, while exchanges were notified to halt LBTC deposits and withdrawals as the investigation continues.

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Source: TheNewsCrypto

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Category Cryptocurrency

Source TheNewsCrypto

Published 1 month ago

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News ID #14,538

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