Liquid Network BTC withdrawal forces pause of $320M sidechain operation
A critical Elements bug enabled a Liquid Network BTC withdrawal of 4,000 BTC (~$320 M). The sidechain halted, prompting security patches and market scrutiny.
2 documented investigations and news reports published under this subject.
A critical Elements bug enabled a Liquid Network BTC withdrawal of 4,000 BTC (~$320 M). The sidechain halted, prompting security patches and market scrutiny.
White-hat actors removed roughly 4,000 BTC (~$319 M) from Liquid’s federation wallet while US spot Bitcoin ETFs logged their strongest three-week inflow.