Liquid Network loses 4,000 BTC in purported white-hat hack
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.
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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.