White Hat Hackers

Attackers empty 95% of Liquid Network's federation wallet, claim white-hat intent

Blockstream's Liquid Bitcoin sidechain confirmed that hackers withdrew about 4,000 BTC—roughly 95% of its federation wallet, worth roughly $320 million—on September 6. The attackers embedded an on-chain message calling themselves 'whitehats,' asking Liquid to patch the vulnerability before they return the funds, and Liquid has since suspended transactions while shifting communication to an encrypted channel.

tomshardware.com · 2026-09-08

Liquid Network Loses $320 Million in Bitcoin Wallet Hack

Liquid Network, a Bitcoin-based payments and settlement platform, disclosed on Sunday that roughly 4,000 of the 4,200 bitcoin held in its Federation wallet were withdrawn without authorization, totaling about $320 million. The network described the perpetrators as "purported white-hat hackers" and warned that user wallets on the platform would be affected by the breach.

yro.slashdot.org · 2026-09-07