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Tag

blockstream

5 articles

Liquid Network Peg-Outs Frozen 35 Days, 598.5 BTC Still Missing
Digital Assets5d ago
Liquid Network Peg-Outs Frozen 35 Days, 598.5 BTC Still Missing
Nearly a month after an exploit, users cannot redeem LBTC for bitcoin as Blockstream faces pressure over security delays and communication gaps.
Liquid Network Hackers Hold $47M as Blockstream Patches Critical Flaw
Digital Assets38d ago
Liquid Network Hackers Hold $47M as Blockstream Patches Critical Flaw
A Sept. 6 exploit drained $320 million in Bitcoin from Liquid; attackers returned 85 percent but retained 598.5 BTC, raising questions about whether the recovery was legitimate.
Liquid Network Recovers 3,400 BTC After Issuance Bug—598.5 BTC Retained
Research & Analysis39d ago
Liquid Network Recovers 3,400 BTC After Issuance Bug—598.5 BTC Retained
A range-proof verification bug in Elements allowed attackers to create unbacked L-BTC; Blockstream confirmed no federation keys were compromised, but the 95 percent reserve drain exposes structural risks in sidechain issuance logic.
Liquid Network Pauses After 3,998 BTC Drained From Federation Wallet
DeFi & On-Chain40d ago
Liquid Network Pauses After 3,998 BTC Drained From Federation Wallet
Blockstream's Liquid sidechain halted operations Sunday after an entity withdrew approximately $320 million in bitcoin using a valid authorization key.
Liquid Network Loses 4,000 BTC to Mystery 'Whitehat' Withdrawal
Digital Assets40d ago
Liquid Network Loses 4,000 BTC to Mystery 'Whitehat' Withdrawal
Nearly $319 million in Bitcoin drained from Liquid's federation wallet Sunday, leaving just 207 BTC backing the sidechain as Blockstream stays silent.