xiyu|Sep 09, 2026 14:51
Around September 7, 2026, the Bitcoin sidechain Liquid Network was hacked, with approximately $320 million stolen. The network has suspended all transactions.
The network is used for faster and more private Bitcoin settlements between exchanges. The theft was caused by a vulnerability in the sidechain's code, and the Bitcoin mainchain was not directly attacked. The hacker later claimed to be a 'good guy' and made a conditional proposal.
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