🔥 Blockstream's Liquid Network was exploited as 4,019 BTC, worth $320 million, were drained.
🛑 Hackers used an inflation bug to mint fake LBTC and cash out real bitcoin from federation reserves.
🔒 Network bridge nodes are paused, and LBTC deposits and withdrawals remain suspended in $LBTC.
🏦 Blockstream and users await contact from the alleged white-hat hackers for possible fund recovery.
Continue Reading:Blockstream’s Liquid Network hacked for 4,019 BTC, sidechain paused
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