Tag: liquid
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Liquid Network Security Breach Results in 320 Million Dollars in Bitcoin Exploited by White Hat Hackers as Industry Evaluates Layer 2 Vulnerabilities
The Liquid Network, a prominent Bitcoin sidechain developed by Blockstream, recently fell victim to a sophisticated exploit that resulted in the unauthorized withdrawal of approximately 4,000 Bitcoin (BTC), valued at an estimated $320 million. The incident, which unfolded over the first week of September 2026, has sent ripples through the digital asset industry, highlighting the…
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Liquid Network Exploit: Blockstream Recovers 3,400 BTC After $400M Bug
Unpacking the Exploit: How the Liquid Network Vulnerability Unfolded The security breach was meticulously executed at Liquid block 4,050,336, at approximately 15:53:10 UTC on September 6, 2026. The root cause was identified as a subtle yet critical flaw within the range proof verification caching component of the Elements software, which underpins the Liquid Network. This…
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Mexican Billionaire Ricardo Salinas Confirms 80% of Liquid Portfolio in Bitcoin, Cites Long-Term Value and Asymmetrical Upside Potential
Mexican billionaire Ricardo Salinas, a prominent figure in the cryptocurrency space and a vocal proponent of Bitcoin, has reaffirmed his significant allocation to the digital asset, stating that approximately 80% of his liquid investment portfolio is now dedicated to Bitcoin. This substantial commitment comes amid ongoing market volatility and continued skepticism surrounding digital currencies from…
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