Liquid Network Resumes Block Production Following $320 Million Exploit

Liquid Network has resumed block production after deploying an emergency software update to address a validation cache vulnerability in its underlying Elements software, which led to the theft of approximately $320 million in assets. On September 6, an attacker drained about 4,000 BTC from the federation wallet, accounting for 95% of its balance. The project team released the Elements v23.3.4 patch to secure cache keys and repair bridge nodes.