Every Zipp story tagged #Sidechain, newest first.
The exploit exposed two separate control failures: a consensus validation bug and an automated peg-out path with no payout-size or human-review limits.
Researchers are focusing on a validation-cache flaw that may have let unbacked L-BTC reach a Bitcoin peg-out, while the affected software deployment remains unconfirmed.
Liquid says federation members are working to restore service, but the network gave no restart timeline and has not disclosed the root vulnerability that let roughly 95% of its bitcoin reserves walk…
With ~4,000 BTC sitting outside Federation custody and the sidechain paused, every L-BTC peg now hinges on whether the 'white-hat' framing holds and the funds come back.
The loss puts Bitcoin sidechain security under immediate scrutiny, while the attacker's white-hat claim does not change the $319.5M scale of the loss.
CryptoSlate
TheBlock
CoinTelegraph
Lookonchain