Liquid Network Freezes Redemptions Following Reserve Shortfall
Liquid Network has suspended Bitcoin redemptions as it works to close a 603 BTC reserve gap following a software exploit that occurred in September 2026.

Liquid Network has suspended Bitcoin redemptions as it works to close a 603 BTC reserve gap following a software exploit that occurred in September 2026.

Core Lightning developers urge node operators to update to version 26.06.8 following reports of active attacks targeting unpatched software.

Blockstream CEO Adam Back suggests that covenant opcodes could serve as a final soft-fork for Bitcoin, potentially reducing the need for future protocol upgrades.

Blockstream has rejected ransom demands from hackers who stole 4,000 bitcoins from its Liquid network, opting to involve law enforcement to recover the remaining $46 million in assets.

A cache key collision in Blockstream's Elements software enabled an attacker to drain 95% of the Liquid Federation's reserves, resulting in the theft of $320 million in Bitcoin.

Blockstream has refused to pay a bounty to hackers who exploited its Liquid sidechain, marking a departure from industry norms regarding white-hat payouts.

Blockstream has refused to pay a ransom for the remaining 15% of Bitcoin stolen from the Liquid Network after successfully recovering the majority of the funds.

Blockstream refuses to pay ransom to hackers holding 598 BTC, opting to work with law enforcement to recover the stolen assets.

Blockstream is negotiating with hackers to recover approximately 598.5 BTC, valued at $47 million, following a $320 million exploit of the Liquid Network.

A hacker stole $340 million in bitcoin from the Liquid Network, later returning the majority of the funds after the company patched a critical software vulnerability.

White-hat hackers exploited an inflation bug in the Liquid Network to withdraw 4,000 BTC, worth $320 million, from the federation's reserves.

Liquid Network has halted its operations after purported white-hat hackers withdrew approximately 4,000 BTC, worth around $320 million.
