Liquid Network Suffers $320 Million Hack, 600 BTC Still Missing
A vulnerability in the Elements software caused the unauthorized creation of 3,998.5 L-BTC on the Liquid Network, resulting in a $320 million drain. While 3,400 L-BTC were recovered, approximately 598.5 BTC remain missing as hackers demand further payment. Network operations have resumed, but peg-out services remain suspended.
Summaries are written by AI from the original article. Not investment advice.