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Liquid Bitcoin sidechain hack drains $320M, network frozen

The Cryptonomist·September 7, 2026·1 min read

About 4,000 Bitcoin, worth $320 million, vanished from a Blockstream Liquid Network wallet, triggering an emergency pause of the sidechain. Exchanges scrambled to protect users as the network froze. The incident appears to be a hack, though details remain unclear.

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