Security
Liquid Network Attack Pegs Out 4,000 Digital Assets Through Elements Bug
COINOTAG·October 28, 2026·1 min read
Attackers minted 4,000 unbacked L-BTC on the Liquid Network and pegged out real BTC through an Elements bug. White hats returned 3,400 BTC and kept 600. The incident highlights a critical vulnerability in the Elements protocol, affecting the sidechain's peg mechanism. Liquid Network users face potential losses, though recovery efforts recovered most funds.
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