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.
Bitcoin price dropped to $77,000 amid market volatility, while Liquid Network recovered most of the 4,000 BTC stolen in a recent security breach.
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.
Bloomberg reporter Emily Nicolle advocates for structured bug bounty programs to replace post-exploit negotiations following a $320 million Liquid Network hack.
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.
Liquid Network has resumed block production after a $320 million exploit, though transactions and peg operations remain suspended during the recovery process.
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.
The Liquid Network has lost $320 million in Bitcoin after attackers drained 95 percent of its federation wallet, claiming they will return funds once a security vulnerability is fixed.
A hacker returned 3,400 BTC to the Liquid Network after exploiting a vulnerability that allowed the theft of 4,000 BTC from reserves.
Liquid Network suffered a security breach resulting in the theft of approximately 4,000 BTC, valued at roughly $320 million.
Liquid Network faces a major security breach, while US Bitcoin ETFs record their strongest inflows of 2026 and major banks announce a new stablecoin consortium.
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.
