WorldPingAs the major Bitcoin sidechain Liquid Network has been paused due to a $320 million hack, the absolute majority of the key players in the network haven’t issued any statements, while L-BTC is now backed by only 4.
This is a short WorldPing brief. The full report was published by Bitcoin.com.
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WorldPingBitcoin Magazine Alleged White-Hat Hackers Withdraw 4,000 bitcoin from Blockstream’s Liquid Network Federation Reserves Liquid Network said purported white-hat hackers withdrew about 4,000 bitcoin from the federation wallet that backs L-BTC.
Brief by WorldPing · Original reporting by Bitcoin Magazine
WorldPingThe Liquid Network attacker said they would return most of the roughly 4,000 BTC once the software bug affecting the network is patched.
Brief by WorldPing · Original reporting by The Block
WorldPingThe Bitcoin sidechain has been paused, with exchanges suspending LBTC deposits and withdrawals as Blockstream works to contact those responsible.
Brief by WorldPing · Original reporting by The Block
WorldPingBlockstream and the hackers are engaging with each other through PGP-signed messages in Bitcoin transactions.
Brief by WorldPing · Original reporting by Decrypt
WorldPingSideSwap says bug-created L-BTC passed a valid authorization as bridge nodes paused and reserve reconciliation became the restart test.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingLiquid Network, a settlement layer used by exchanges, halted all transactions after losing $320 million worth of bitcoin in a security exploit.
Brief by WorldPing · Original reporting by CoinDesk
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