SlowMist details Liquid Network exploit, attacker mints 3,998 L-BTC in largest Bitcoin sidechain hack of 2026
A single software bug in Blockstream's Elements codebase allowed an attacker to conjure nearly 4,000 unbacked L-BTC out of thin air, peg them out for real Bitcoin, and drain roughly 95% of the Liquid Federation's reserves in a matter of hours. SlowMist published its full analysis of the September 6…
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