3 min read
Liquid Network Loses $320 Million in Bitcoin Exploit; Hackers Claim 'White-Hat' Status
Nearly all Bitcoin reserves drained from sidechain used by exchanges; network halted as Blockstream attempts contact with perpetrators.
By Riza Ahnaf
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Nearly all Bitcoin reserves drained from sidechain used by exchanges; network halted as Blockstream attempts contact with perpetrators.
Bitcoin sidechain pauses all transactions as alleged white-hat hackers withdraw 4,000 BTC from federation wallet.