Yesterday, ~4,000 BTC ($320M) was drained from the Liquid Network federation wallet, dropping the balance from 4,200 BTC to just 207. The attackers left an OP_RETURN message on-chain: “we are whitehats. contact us on chain.” They’ve since communicated with Blockstream via PGP-encrypted messages and have offered to return most of the funds once the vulnerability is patched. Liquid has paused its bridge nodes.
Bitcoin itself was never touched
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