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Tag

sidechains

1 article

Research & Analysis20d 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.