Bitcoin sidechain Liquid pauses after about $320M BTC withdrawal
Liquid paused operations after actors claiming to be white-hat hackers withdrew about 4,000 Bitcoin worth $320 million from its federation wallet. Liquid disabled bridge nodes, preventing new transactions, while exchanges halted or prepared to halt.
Bitcoin sidechain Liquid paused operations after actors claiming to be white-hat hackers withdrew about 4,000 Bitcoin worth $320 million from its federation wallet. On Sunday, Liquid said bridge nodes were disabled, preventing new transactions, while exchanges had halted or were preparing to halt support.