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Liquid Network Pauses After Purported White Hats Drain 4,000 Bitcoin (BTC)

COINOTAG·September 7, 2026·1 min read
Liquid Network Pauses After Purported White Hats Drain 4,000 Bitcoin (BTC)

Liquid Network paused after purported white hats withdrew about 4,000 BTC worth $320M, pledging to return most funds once Blockstream patches the bug. The incident highlights security risks in sidechain protocols and the role of ethical hackers in safeguarding assets.

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