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🚨 Liquid Network Security Incident
Liquid Network reports that ~4,000 BTC (~$320M) was withdrawn from its Federation wallet by purported white-hat hackers.
The Liquid sidechain has been paused while the issue is investigated and resolved.
Details are still developing worth watching closely. 👀
$BTC #bitcoin #liquidnetwork #Crypto
Liquid Network reports that ~4,000 BTC (~$320M) was withdrawn from its Federation wallet by purported white-hat hackers.
The Liquid sidechain has been paused while the issue is investigated and resolved.
Details are still developing worth watching closely. 👀
$BTC #bitcoin #liquidnetwork #Crypto
🚨 Alleged white-hat hackers drained ~$320M in BTC from Liquid Network, demanding a full bug fix across all nodes before returning funds.
This highlights critical infrastructure risks in sidechain ecosystems—even trusted layers can face exploits.
Market implication: Liquidity and trust in Liquid-linked BTC may face short-term pressure until patches are verified.
Smart-money behavior isn’t confirmed—no evidence of institutional moves or profit claims.
Will users regain confidence once the network is secured?
#LiquidNetwork #BTCSecurity
$BTC #TradingSignal #CryptoAnalysis
This highlights critical infrastructure risks in sidechain ecosystems—even trusted layers can face exploits.
Market implication: Liquidity and trust in Liquid-linked BTC may face short-term pressure until patches are verified.
Smart-money behavior isn’t confirmed—no evidence of institutional moves or profit claims.
Will users regain confidence once the network is secured?
#LiquidNetwork #BTCSecurity
$BTC #TradingSignal #CryptoAnalysis
Nearly $320M in Bitcoin moved… and the network hit pause.
This is the crypto story I wouldn't ignore.
Liquid Network reported roughly 4,000 BTC, worth around $320M, withdrawn from its federation wallet. New transactions were halted as a precaution.
That's roughly 95% of the 4,200 BTC reportedly held in that wallet.
And here's the uncomfortable question:
If the Bitcoin itself isn't broken, where exactly did the security model fail?
The incident involved withdrawals through SideSwap, while Liquid said the cryptographic key itself wasn't compromised.
Bullish interpretation: funds may eventually be recovered.
Bearish interpretation: bridge/sidechain trust gets repriced.
The lesson isn't “Bitcoin is unsafe.”
It's custody architecture matters.
Don't confuse Bitcoin's security with every layer built around it.
#Bitcoin #LiquidNetwork #defi
$BTC $SC $ETH
#SideSwapSuspendsLiquidServices
This is the crypto story I wouldn't ignore.
Liquid Network reported roughly 4,000 BTC, worth around $320M, withdrawn from its federation wallet. New transactions were halted as a precaution.
That's roughly 95% of the 4,200 BTC reportedly held in that wallet.
And here's the uncomfortable question:
If the Bitcoin itself isn't broken, where exactly did the security model fail?
The incident involved withdrawals through SideSwap, while Liquid said the cryptographic key itself wasn't compromised.
Bullish interpretation: funds may eventually be recovered.
Bearish interpretation: bridge/sidechain trust gets repriced.
The lesson isn't “Bitcoin is unsafe.”
It's custody architecture matters.
Don't confuse Bitcoin's security with every layer built around it.
#Bitcoin #LiquidNetwork #defi
$BTC $SC $ETH
#SideSwapSuspendsLiquidServices
🚨 $320 MILLION JUST DISAPPEARED FROM A BITCOIN-BASED NETWORK
Liquid Network reported that around 4,000 BTC were withdrawn from its federation wallet in a hack.
That's roughly $320M worth of Bitcoin.
The network says it has halted new transactions while the incident is investigated.
Here's the scary part:
The reported withdrawal happened even though Liquid said the cryptographic key itself was NOT compromised.
Was this a security failure, an insider issue, or something else?
👇 What do YOU think happened?
$BTC #Bitcoin #Crypto #LiquidNetwork
Liquid Network reported that around 4,000 BTC were withdrawn from its federation wallet in a hack.
That's roughly $320M worth of Bitcoin.
The network says it has halted new transactions while the incident is investigated.
Here's the scary part:
The reported withdrawal happened even though Liquid said the cryptographic key itself was NOT compromised.
Was this a security failure, an insider issue, or something else?
👇 What do YOU think happened?
$BTC #Bitcoin #Crypto #LiquidNetwork
🚨 $320M IN $BTC DRAINED FROM LIQUID NETWORK IN UNPRECEDENTED EXPLOIT LOCKUP! 🔒
Liquid Network has halted operations following a 3,998.5 $BTC security event, where exploiters leveraged a Peg-out Authorization Key flaw to drain $320M from the federation wallet. 🔍 While the actors claim white-hat status and demand full node patching before releasing funds, institutional analysts remain cautious regarding full asset recovery.
Key bridge nodes remain disabled to protect remaining liquidity while on-chain negotiations unfold via PGP-encrypted channels. 🛡️ This event highlights critical counterparty and structural risks embedded within sidechain peg architectures despite isolated core keys.
💬 Do you view conditional white-hat exploits as a net positive for infrastructure security, or purely predatory behavior? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #LiquidNetwork #CryptoSecurity #OnChain
🔍 🛡️
Liquid Network has halted operations following a 3,998.5 $BTC security event, where exploiters leveraged a Peg-out Authorization Key flaw to drain $320M from the federation wallet. 🔍 While the actors claim white-hat status and demand full node patching before releasing funds, institutional analysts remain cautious regarding full asset recovery.
Key bridge nodes remain disabled to protect remaining liquidity while on-chain negotiations unfold via PGP-encrypted channels. 🛡️ This event highlights critical counterparty and structural risks embedded within sidechain peg architectures despite isolated core keys.
💬 Do you view conditional white-hat exploits as a net positive for infrastructure security, or purely predatory behavior? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #LiquidNetwork #CryptoSecurity #OnChain
🔍 🛡️
🚨 WILD CRYPTO SECURITY ALERT
Liquid Network has reportedly halted transactions after around 4,000 BTC
roughly $320M was withdrawn from its federation wallet.
Think about that for a second. 👀
This isn’t just a normal network pause. Liquid sits directly in the Bitcoin ecosystem, so an incident of this size naturally raises serious
questions about security, transaction controls and infrastructure risk.
What makes it even more interesting? The withdrawals reportedly involved SideSwap, while Liquid says the cryptographic key itself was not compromised.
For now, the biggest signal isn’t panic —it’s what the investigation reveals next. 🔎
Watch the official updates closely.
#Bitcoin #liquidnetwork #crypto
$CATI
$CFG
Liquid Network has reportedly halted transactions after around 4,000 BTC
roughly $320M was withdrawn from its federation wallet.
Think about that for a second. 👀
This isn’t just a normal network pause. Liquid sits directly in the Bitcoin ecosystem, so an incident of this size naturally raises serious
questions about security, transaction controls and infrastructure risk.
What makes it even more interesting? The withdrawals reportedly involved SideSwap, while Liquid says the cryptographic key itself was not compromised.
For now, the biggest signal isn’t panic —it’s what the investigation reveals next. 🔎
Watch the official updates closely.
#Bitcoin #liquidnetwork #crypto
$CATI
$CFG
🚨 4,000 $BTC EXPLOITED IN LIQUID NETWORK BRIDGE DRAIN AS HACKERS DEMAND FULL PATCH! 💥
A massive 4,000 $BTC liquidity drain just hit Liquid Network federation wallets, forcing a total sidechain halt as nearly 3,998 $BTC sits unmoved in the exploiter address. 🦈 The attackers claim to be white-hat security researchers, holding $320M hostage until all bridge nodes verify a full system patch.
🔍 Industry analysts are divided on whether this is a genuine white-hat lesson or a high-stakes hostage negotiation. 💡 With Blockstream actively communicating on-chain and via Signal, the entire market is watching if these funds get returned or locked in limbo. 💬 Do you trust self-proclaimed white-hats holding 4,000 coins hostage? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #CryptoNews #LiquidNetwork #Bitcoin
🔥 💎
A massive 4,000 $BTC liquidity drain just hit Liquid Network federation wallets, forcing a total sidechain halt as nearly 3,998 $BTC sits unmoved in the exploiter address. 🦈 The attackers claim to be white-hat security researchers, holding $320M hostage until all bridge nodes verify a full system patch.
🔍 Industry analysts are divided on whether this is a genuine white-hat lesson or a high-stakes hostage negotiation. 💡 With Blockstream actively communicating on-chain and via Signal, the entire market is watching if these funds get returned or locked in limbo. 💬 Do you trust self-proclaimed white-hats holding 4,000 coins hostage? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #CryptoNews #LiquidNetwork #Bitcoin
🔥 💎
💥 LIQUID NETWORK PAUSES AFTER 4,000 BTC WORTH $320M ARE WITHDRAWN
Liquid Network has paused activity after roughly 4,000 BTC, worth about $320 million, were withdrawn from its federation wallet. The amount represented around 95% of Liquid’s reported Bitcoin reserves.
The situation remains unclear. An onchain message from the wallet claimed the funds were taken by “whitehats,” but Liquid has not confirmed who is responsible or whether the Bitcoin will be returned. The network also said its Peg-out Authorization Key had not been compromised and has not disclosed the root vulnerability.
Exchanges have suspended or are suspending LBTC deposits and withdrawals while Blockstream works to contact those involved.
Does this look more like a security rescue or a major protocol failure?
#liquidnetwork #BTC #security
#ThuyBNB
$BTC $BNB $NEAR
Liquid Network has paused activity after roughly 4,000 BTC, worth about $320 million, were withdrawn from its federation wallet. The amount represented around 95% of Liquid’s reported Bitcoin reserves.
The situation remains unclear. An onchain message from the wallet claimed the funds were taken by “whitehats,” but Liquid has not confirmed who is responsible or whether the Bitcoin will be returned. The network also said its Peg-out Authorization Key had not been compromised and has not disclosed the root vulnerability.
Exchanges have suspended or are suspending LBTC deposits and withdrawals while Blockstream works to contact those involved.
Does this look more like a security rescue or a major protocol failure?
#liquidnetwork #BTC #security
#ThuyBNB
$BTC $BNB $NEAR
Liquid Network Halted After Massive 320 Million Dollar Withdrawal
The Liquid Network has paused operations following a $320 million withdrawal by purported white hat hackers. Exchanges have suspended LBTC deposits and withdrawals while Blockstream investigates the event.
#LiquidNetwork #BitcoinSecurity
The Liquid Network has paused operations following a $320 million withdrawal by purported white hat hackers. Exchanges have suspended LBTC deposits and withdrawals while Blockstream investigates the event.
#LiquidNetwork #BitcoinSecurity
#BTC ALERT ‼️ | LIQUID NETWORK | INCIDENT AT US$ 320 MILLION‼️
This Sunday (06), the Liquid Network suffered a serious security incident involving approximately 4,000 BTC, valued at more than US$ 320 million.
The movement occurred after a possible exploitation of a flaw in Elements, the software used by Liquid. Those responsible for the operation stated on-chain that they were “white hats” (ethical hackers), but this claim still does not mean the group’s intent or identity has been confirmed.
⚠️ IMPORTANT: Bitcoin was not hacked. The incident occurred on the Liquid Network, a Bitcoin sidechain developed by Blockstream.
Liquid was temporarily paused while the case is investigated and, so far, there is no confirmation of a sale of the BTC involved.
‼️IMPACT ON THE MARKET
For now, I treat this as a point of attention and not as a standalone trigger for a drop in $BTC. The risk increases if these thousands of BTC begin to be moved to exchanges or show signs of preparation for sale.
We continue monitoring the destination of these funds and possible impacts on Bitcoin flows.
Leave a like on the post so we can strengthen the delivery. ⚔️🥷
#BTC #thaitraderoficial #LiquidNetwork
This Sunday (06), the Liquid Network suffered a serious security incident involving approximately 4,000 BTC, valued at more than US$ 320 million.
The movement occurred after a possible exploitation of a flaw in Elements, the software used by Liquid. Those responsible for the operation stated on-chain that they were “white hats” (ethical hackers), but this claim still does not mean the group’s intent or identity has been confirmed.
⚠️ IMPORTANT: Bitcoin was not hacked. The incident occurred on the Liquid Network, a Bitcoin sidechain developed by Blockstream.
Liquid was temporarily paused while the case is investigated and, so far, there is no confirmation of a sale of the BTC involved.
‼️IMPACT ON THE MARKET
For now, I treat this as a point of attention and not as a standalone trigger for a drop in $BTC. The risk increases if these thousands of BTC begin to be moved to exchanges or show signs of preparation for sale.
We continue monitoring the destination of these funds and possible impacts on Bitcoin flows.
Leave a like on the post so we can strengthen the delivery. ⚔️🥷
#BTC #thaitraderoficial #LiquidNetwork
4,000 bitcoins were just withdrawn, worth $320 million. After Liquid Network was hacked, a whale directly offloaded the funds. The hacker didn’t run, but instead used on-chain transactions to tell the maintainers: once the vulnerability is fixed, the coins will be returned.
This move is quite rare and looks more like a technical show of force than pure theft. In the short term, watch for selling pressure and sentiment, but if the funds are truly returned, the rebound could come quickly as well.
Don’t stop monitoring on-chain activity; events like this are often followed by unusual movements in related addresses.
$BTC #LiquidNetwork
This move is quite rare and looks more like a technical show of force than pure theft. In the short term, watch for selling pressure and sentiment, but if the funds are truly returned, the rebound could come quickly as well.
Don’t stop monitoring on-chain activity; events like this are often followed by unusual movements in related addresses.
$BTC #LiquidNetwork
#sideswapsuspendsliquidservices
A customer minted 4,000 of fake L-BTC coins out of thin air via a software bug, and left with 3,996 real Bitcoins from Liquid Federation! This is the ultimate magic trick in the crypto world. SideSwap handled the issue like a normal day at work until Blockstream shouted: "exploitation!" And now SideSwap has suspended all swap, peg-in, and peg-out services until the network recovers.
What should crypto traders do? Since SideSwap is non-custodial, your wallet funds are safe under your own private keys. No need to panic! But please do not send any new deposits via peg-in or peg-out right now, unless you want your money to get stuck in case of loss. Just sit back, relax, watch the drama unfold, and protect your capital!
This is not financial advice.
Please follow up
#liquidnetwork #DeFiExploit #CryptoSecurity
$BTC
A customer minted 4,000 of fake L-BTC coins out of thin air via a software bug, and left with 3,996 real Bitcoins from Liquid Federation! This is the ultimate magic trick in the crypto world. SideSwap handled the issue like a normal day at work until Blockstream shouted: "exploitation!" And now SideSwap has suspended all swap, peg-in, and peg-out services until the network recovers.
What should crypto traders do? Since SideSwap is non-custodial, your wallet funds are safe under your own private keys. No need to panic! But please do not send any new deposits via peg-in or peg-out right now, unless you want your money to get stuck in case of loss. Just sit back, relax, watch the drama unfold, and protect your capital!
This is not financial advice.
Please follow up
#liquidnetwork #DeFiExploit #CryptoSecurity
$BTC
4200 BTC.
Wake up, and only 207 are left.
95% of the reserves vanished on a Sunday.
$320 million.
Not a hacked exchange.
It was the “vault” of a Bitcoin sidechain that got emptied.
---
Liquid Network.
A Bitcoin sidechain built by Blockstream.
Adam Back’s company.
An early reader of Satoshi Nakamoto’s paper.
Liquid uses a federation multisig to custody BTC and issues the pegged token LBTC.
15 institutional members co-sign.
11 signatures can move the vault.
This system had run for 7 years.
Never had a problem.
Until yesterday.
---
September 6, Sunday.
A peg-out transaction transferred 4,019 BTC from the federation wallet.
Worth $320 million.
Embedded in the transaction was an OP_RETURN message:
“We are whitehats. Contact us on chain.”
We are white hats. Contact us on chain.
---
Blockstream replied with an address.
And left a message: “Please contact security@blockstream.com”
The hacker replied: “Please contact us on Signal @m671aw.70”
The two sides were talking across the Bitcoin chain.
A $320 million negotiation written into the blockchain.
Anyone can see it.
No one can change it.
---
The technical details slowly emerged.
There was suspicion of an inflation bug on the LBTC sidechain.
The hacker seemingly minted more than 4,000 nonexistent LBTC out of thin air.
Then used those LBTC, via SideSwap’s peg-out authorization key, to redeem real BTC.
The HSM security servers used by the 15-party multisig signed everything because the transaction “looked valid.”
The 11-of-15 threshold was built on one premise: all LBTC were backed by real BTC.
Once that premise was gone,
those 11 keys became rubber stamps.
---
Ledger’s CTO was the first to question it.
“The whitehat claim is exactly the same as the Ronin bridge hacker’s story.”
In 2022, Ronin was hacked for $620 million.
The hacker also said they were doing it for the principle, not the money.
In the end, the funds were never returned.
JAN3 CEO Samson Mow said Aqua Wallet’s Liquid features had been affected.
Exchanges were told to pause LBTC deposits and withdrawals.
The sidechain has been halted.
People holding LBTC can only wait now.
Wait for the hacker and Blockstream to negotiate.
Wait to see whether the $320 million comes back.
---
You may ask: does this have anything to do with the Bitcoin mainnet?
No.
The BTC mainnet lost no blocks.
No transaction was altered.
What was emptied was the sidechain vault, not the mainnet.
But the problem is not the mainnet.
The problem is trust.
---
Liquid’s selling point is “federated trust.”
15 well-known institutions co-sign.
Safer than single-custody.
More flexible than mainnet multisig.
That narrative ran for 7 years.
Now 4,000 BTC moved with a single OP_RETURN.
If the inflation bug is real, then what was broken wasn’t the 15 keys.
It was the whole assumption that “federation = security.”
---
Over the past month:
In August, BTC rose 25.6%.
ETF inflows reached $3.52 billion.
On September 3, daily ETF net inflows hit $731 million.
BlackRock publicly called BTC a global monetary alternative.
Institutions are accelerating their BTC accumulation.
At the same time, a sidechain vault got emptied.
The mainnet is getting stronger.
The sidechain is being exposed.
---
The hacker’s address hasn’t moved the 4,000 BTC at all.
Negotiations are still ongoing.
There have been white hats in history who really did return the money.
Euler Finance was hacked for $200 million in 2023, and everything was returned.
Poly Network was hacked for $600 million in 2021, and it was also returned.
But there have also been cases where someone claimed to be a white hat and never returned anything.
$320 million.
Enough to buy a good story.
Also enough to make a sidechain lose trust.
---
Bitcoin on the mainnet is still the same Bitcoin.
21 million coins.
Not one more, not one less.
But the 4,000 LBTC that appeared out of thin air on the sidechain are a reminder of one thing:
Bitcoin’s security does not mean everything built “on Bitcoin” is secure.
The vault can be rebuilt.
Trust does not come back that quickly.
$BTC #Bitcoin #LiquidNetwork #链上安全 #sidechain
Not investment advice
Wake up, and only 207 are left.
95% of the reserves vanished on a Sunday.
$320 million.
Not a hacked exchange.
It was the “vault” of a Bitcoin sidechain that got emptied.
---
Liquid Network.
A Bitcoin sidechain built by Blockstream.
Adam Back’s company.
An early reader of Satoshi Nakamoto’s paper.
Liquid uses a federation multisig to custody BTC and issues the pegged token LBTC.
15 institutional members co-sign.
11 signatures can move the vault.
This system had run for 7 years.
Never had a problem.
Until yesterday.
---
September 6, Sunday.
A peg-out transaction transferred 4,019 BTC from the federation wallet.
Worth $320 million.
Embedded in the transaction was an OP_RETURN message:
“We are whitehats. Contact us on chain.”
We are white hats. Contact us on chain.
---
Blockstream replied with an address.
And left a message: “Please contact security@blockstream.com”
The hacker replied: “Please contact us on Signal @m671aw.70”
The two sides were talking across the Bitcoin chain.
A $320 million negotiation written into the blockchain.
Anyone can see it.
No one can change it.
---
The technical details slowly emerged.
There was suspicion of an inflation bug on the LBTC sidechain.
The hacker seemingly minted more than 4,000 nonexistent LBTC out of thin air.
Then used those LBTC, via SideSwap’s peg-out authorization key, to redeem real BTC.
The HSM security servers used by the 15-party multisig signed everything because the transaction “looked valid.”
The 11-of-15 threshold was built on one premise: all LBTC were backed by real BTC.
Once that premise was gone,
those 11 keys became rubber stamps.
---
Ledger’s CTO was the first to question it.
“The whitehat claim is exactly the same as the Ronin bridge hacker’s story.”
In 2022, Ronin was hacked for $620 million.
The hacker also said they were doing it for the principle, not the money.
In the end, the funds were never returned.
JAN3 CEO Samson Mow said Aqua Wallet’s Liquid features had been affected.
Exchanges were told to pause LBTC deposits and withdrawals.
The sidechain has been halted.
People holding LBTC can only wait now.
Wait for the hacker and Blockstream to negotiate.
Wait to see whether the $320 million comes back.
---
You may ask: does this have anything to do with the Bitcoin mainnet?
No.
The BTC mainnet lost no blocks.
No transaction was altered.
What was emptied was the sidechain vault, not the mainnet.
But the problem is not the mainnet.
The problem is trust.
---
Liquid’s selling point is “federated trust.”
15 well-known institutions co-sign.
Safer than single-custody.
More flexible than mainnet multisig.
That narrative ran for 7 years.
Now 4,000 BTC moved with a single OP_RETURN.
If the inflation bug is real, then what was broken wasn’t the 15 keys.
It was the whole assumption that “federation = security.”
---
Over the past month:
In August, BTC rose 25.6%.
ETF inflows reached $3.52 billion.
On September 3, daily ETF net inflows hit $731 million.
BlackRock publicly called BTC a global monetary alternative.
Institutions are accelerating their BTC accumulation.
At the same time, a sidechain vault got emptied.
The mainnet is getting stronger.
The sidechain is being exposed.
---
The hacker’s address hasn’t moved the 4,000 BTC at all.
Negotiations are still ongoing.
There have been white hats in history who really did return the money.
Euler Finance was hacked for $200 million in 2023, and everything was returned.
Poly Network was hacked for $600 million in 2021, and it was also returned.
But there have also been cases where someone claimed to be a white hat and never returned anything.
$320 million.
Enough to buy a good story.
Also enough to make a sidechain lose trust.
---
Bitcoin on the mainnet is still the same Bitcoin.
21 million coins.
Not one more, not one less.
But the 4,000 LBTC that appeared out of thin air on the sidechain are a reminder of one thing:
Bitcoin’s security does not mean everything built “on Bitcoin” is secure.
The vault can be rebuilt.
Trust does not come back that quickly.
$BTC #Bitcoin #LiquidNetwork #链上安全 #sidechain
Not investment advice
📰 This security incident on the Liquid Network is pretty alarming in scale: about 4,000 BTC were taken from the Federation wallet by a “white-hat” hacker, accounting for roughly 95% of Liquid’s reported Bitcoin reserves before the incident. At the time, reserves were about 4,200 BTC.
🔥 At present, the Liquid sidechain has been paused, and major exchanges have also suspended LBTC deposits and withdrawals. Blockstream is contacting the relevant responsible parties, and Liquid has temporarily shut down its bridge nodes to prevent new transactions from being submitted to the network.
Honestly, what’s most puzzling is that Liquid says the funds were withdrawn through SideSwap PAK, the Peg-out authorization key, but that key and the other keys were not compromised. As for what vulnerability actually caused this withdrawal, there is still no clear explanation.
💡 On the positive side, other assets issued on Liquid, including USDT, DePix, and RWA, were not affected by this incident. However, the sidechain being paused and LBTC deposits/withdrawals being disabled make it clear this is still not fully resolved.
🤔 Do you think this looks more like a problem with key permission design, or is there an undisclosed vulnerability in the system?
#LiquidNetwork #LBTC #比特币 #blockchain security
🔥 At present, the Liquid sidechain has been paused, and major exchanges have also suspended LBTC deposits and withdrawals. Blockstream is contacting the relevant responsible parties, and Liquid has temporarily shut down its bridge nodes to prevent new transactions from being submitted to the network.
Honestly, what’s most puzzling is that Liquid says the funds were withdrawn through SideSwap PAK, the Peg-out authorization key, but that key and the other keys were not compromised. As for what vulnerability actually caused this withdrawal, there is still no clear explanation.
💡 On the positive side, other assets issued on Liquid, including USDT, DePix, and RWA, were not affected by this incident. However, the sidechain being paused and LBTC deposits/withdrawals being disabled make it clear this is still not fully resolved.
🤔 Do you think this looks more like a problem with key permission design, or is there an undisclosed vulnerability in the system?
#LiquidNetwork #LBTC #比特币 #blockchain security
Feed-Creator-627817fa2:
监守自盗
The Bitcoin sidechain Liquid Network was temporarily halted after individuals alleged to be white-hat hackers withdrew $320 million worth of $BTC from the network. While the Blockstream team is trying to get in touch with those responsible, exchanges have suspended LBTC deposits and withdrawals. When the network will return to normal will become clear after the technical review to be carried out. #Bitcoin #LiquidNetwork #CryptoSecurity
Bitcoin's sidechain ecosystem is making strides again! The Liquid Network has officially activated the ELIP 203 upgrade, and the most notable change is the removal of issuance caps for non-LBTC assets.
This adjustment means that the tokenization landscape on Liquid is no longer constrained by issuance limits, and Blockstream states that this will enhance the user experience for large-scale asset onboarding. Even more exciting, the team plans to roll out the 0-conf (zero confirmation) feature by the end of June, further boosting the transaction efficiency of the Liquid network.
From loosening issuance limits to accelerating with zero confirmations, the Liquid Network is progressively building a more scalable infrastructure for Bitcoin's layer 2 asset issuance.
#LiquidNetwork #比特币侧链 #ELIP203
This adjustment means that the tokenization landscape on Liquid is no longer constrained by issuance limits, and Blockstream states that this will enhance the user experience for large-scale asset onboarding. Even more exciting, the team plans to roll out the 0-conf (zero confirmation) feature by the end of June, further boosting the transaction efficiency of the Liquid network.
From loosening issuance limits to accelerating with zero confirmations, the Liquid Network is progressively building a more scalable infrastructure for Bitcoin's layer 2 asset issuance.
#LiquidNetwork #比特币侧链 #ELIP203
🔥 Major Upgrade for Liquid Network is Live! ELIP 203 is officially activated, marking a key breakthrough in Bitcoin sidechain tokenization.
The core change in this upgrade is the **complete removal of issuance limits for non-LBTC assets**, which means we can now mint all sorts of tokenized assets on Liquid without restrictions, opening up scalability for RWA, stablecoins, NFTs, and more.
Even more exciting, the official team has confirmed that the 0-conf (zero confirmation) feature will be rolled out by the end of June, significantly enhancing the trading experience on Liquid, with transfer speeds rivaling centralized exchanges.
Blockstream's Bitcoin Layer 2 is steadily enhancing its infrastructure, from privacy trading to asset issuance and optimizing confirmation speeds, making Liquid's competitive edge increasingly robust.
#LiquidNetwork #比特币侧链 #Layer2
The core change in this upgrade is the **complete removal of issuance limits for non-LBTC assets**, which means we can now mint all sorts of tokenized assets on Liquid without restrictions, opening up scalability for RWA, stablecoins, NFTs, and more.
Even more exciting, the official team has confirmed that the 0-conf (zero confirmation) feature will be rolled out by the end of June, significantly enhancing the trading experience on Liquid, with transfer speeds rivaling centralized exchanges.
Blockstream's Bitcoin Layer 2 is steadily enhancing its infrastructure, from privacy trading to asset issuance and optimizing confirmation speeds, making Liquid's competitive edge increasingly robust.
#LiquidNetwork #比特币侧链 #Layer2
Bitcoin sidechain hits a new breakthrough! 🔥
Blockstream's Liquid Network has officially activated the ELIP 203 upgrade today, completely removing the issuance cap on non-LBTC assets. This upgrade not only opens the floodgates for large-scale tokenization within the Liquid ecosystem but will also significantly enhance the user experience for issuing and trading various assets on the network.
Notably, the team has revealed that a 0-conf (zero confirmation) feature will be launched by the end of June, further boosting transaction speed and user experience. The competition in the Bitcoin Layer 2 ecosystem is heating up; will Liquid's move attract more project teams? Let's wait and see.
#比特币 #Layer2 #LiquidNetwork
Blockstream's Liquid Network has officially activated the ELIP 203 upgrade today, completely removing the issuance cap on non-LBTC assets. This upgrade not only opens the floodgates for large-scale tokenization within the Liquid ecosystem but will also significantly enhance the user experience for issuing and trading various assets on the network.
Notably, the team has revealed that a 0-conf (zero confirmation) feature will be launched by the end of June, further boosting transaction speed and user experience. The competition in the Bitcoin Layer 2 ecosystem is heating up; will Liquid's move attract more project teams? Let's wait and see.
#比特币 #Layer2 #LiquidNetwork
The Bitcoin sidechain Liquid Network just completed a major upgrade!
ELIP 203 has been successfully activated, and the core change is: the removal of the issuance cap for non-LBTC assets. This means that asset issuance on Liquid is no longer restricted, paving the way for large-scale tokenization.
For the Bitcoin ecosystem, this is a noteworthy development. Liquid, as a Bitcoin Layer 2 solution, has been exploring ways to implement more features on the Bitcoin network. After this upgrade, user experience will also see improvements.
Even more exciting is that the team plans to launch the 0-conf (zero confirmation) feature by the end of June, which will further enhance transaction efficiency on the Liquid Network.
The competition among Bitcoin Layer 2 solutions is heating up; are you bullish on Liquid's growth?
#比特币 #Layer2 #LiquidNetwork
ELIP 203 has been successfully activated, and the core change is: the removal of the issuance cap for non-LBTC assets. This means that asset issuance on Liquid is no longer restricted, paving the way for large-scale tokenization.
For the Bitcoin ecosystem, this is a noteworthy development. Liquid, as a Bitcoin Layer 2 solution, has been exploring ways to implement more features on the Bitcoin network. After this upgrade, user experience will also see improvements.
Even more exciting is that the team plans to launch the 0-conf (zero confirmation) feature by the end of June, which will further enhance transaction efficiency on the Liquid Network.
The competition among Bitcoin Layer 2 solutions is heating up; are you bullish on Liquid's growth?
#比特币 #Layer2 #LiquidNetwork
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