Liquid Network Peg-Outs Remain Frozen 35 Days After Exploit Leaves 598.5 BTC Unreturned
Bitcoin redemptions stay suspended as reserves cover about 86% of obligations and an external audit of Elements software continues without a restart date
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Blockstream Refuses Ransom Demand for Remaining 598.5 Bitcoin from Liquid Exploit
Bitcoin infrastructure firm rejects payment for funds still held after Sept. 6 Liquid Network incident, calling the withholding theft rather than responsible disclosure
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Liquid Network Restarts Block Production After $320 Million Bitcoin Withdrawal
Blockstream’s Bitcoin sidechain has resumed limited operations following an exploit that drained most of its federation wallet, with transactions and peg services still offline
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$320 Million Liquid Network Breach Exposes Crypto Infrastructure Risks as Most Funds Returned
Self-described white-hat actors drained roughly 4,000 Bitcoin from the sidechain’s federation wallet before returning 3,400 BTC and retaining about $47 million
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Purported White Hats Drain $320 Million in Bitcoin From Liquid Network, Pledge Return After Fix
Nearly 4,000 BTC left the federation wallet on Sunday after a software bug allowed unauthorized L-BTC creation, prompting a full network pause while on-chain talks continue
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