Topic · Coin

Liquid BitcoinL-BTC

15 articles

Another Bitcoin Bridge Broke, and This Time Billions Were Minted

Over the past week, the crypto community has been hearing about bizarre hacks involving bitcoin-backed tokens, and following the troubles tied to the Liquid Network’s L-BTC and Nomic’s nBTC, Symbiosis’s bitcoin bridge was exploited. Reports say that a hacker minted billions of unbacked syBTC across a set of transactions and managed to cash out around […]

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Sep 13, 2026 · byBitcoin.com News

Blockstream bets 600 Bitcoin by rejecting Liquid hacker’s $50 million bounty demand

Blockstream is refusing to pay the Liquid attacker nearly 600 Bitcoin (roughly $50 million), escalating a dispute over how the crypto industry should reward partial restitution. The standoff follows an unusual recovery from the Sept. 6 exploit, when a vulnerability allowed the attacker to create about 4,000 unbacked L-BTC and withdraw roughly 3,996 real BTC through […] The post Blockstream bets 600 Bitcoin by rejecting Liquid hacker’s $50 million bounty demand appeared first on CryptoSlate .

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Sep 12, 2026 · byCryptoSlate

L-BTC resumes trading with reserves covering just 85% of supply

A Sept. 10 onchain snapshot put backing at 85.15%, while federation peg-outs remained suspended and live market depth stayed unmeasured. The post L-BTC resumes trading with reserves covering just 85% of supply appeared first on CryptoSlate .

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Sep 12, 2026 · byCryptoSlate

SlowMist details Liquid Network exploit, attacker mints 3,998 L-BTC in largest Bitcoin sidechain hack of 2026

The exploit highlights critical vulnerabilities in sidechain security, urging immediate audits and reevaluation of cryptographic verification methods. The post SlowMist details Liquid Network exploit, attacker mints 3,998 L-BTC in largest Bitcoin sidechain hack of 2026 appeared first on Crypto Briefing .

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Sep 11, 2026 · byCryptoBriefing

Blockstream Rejects Ransom Demand After Liquid Bitcoin Exploit

Liquid said on Sept. 8 that 3,400 BTC had been returned and about 598.5 BTC remained outstanding; transactions later resumed with peg-outs disabled.

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Sep 11, 2026 · byThe Defiant

‘Return the Bitcoin’: Blockstream Draws Line After 4,000 BTC Hack

A group that drained nearly 4,000 BTC from Blockstream’s Liquid Network returned 3,400 BTC, kept about 598.5 BTC, demanded a 10% bounty, and warned L-BTC holders could face a 15% loss. Now Blockstream has answered with an unusually direct ultimatum: It will not pay. The company says taking the bitcoin was theft, not white-hat security […]

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Sep 11, 2026 · byBitcoin.com News

Liquid Network Restarts Block Production After $320M Bitcoin Exploit

The Liquid Network has resumed block generation after the large Bitcoin withdrawal from its system. But users can’t perform transactions or cash out L-BTC at this time. This is because the resumption of block generation represents a cautious attempt to return to normalcy. Especially, after a hack attack that saw

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Sep 11, 2026 · byTheNewsCrypto

Blockstream says it will not pay ransom for stolen Liquid Bitcoin

Blockstream has refused to pay a ransom for roughly 598.5 BTC that remains under the control of the actors behind the Liquid Network exploit after 3,400 BTC was returned earlier this week. Blockstream said in an X post on Sept.…

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Sep 11, 2026 · byCrypto.news

Liquid Network drained of $320 million as cache bug lets attacker mint unbacked Bitcoin

A range-proof cache bug in the Elements codebase let an unknown actor mint unbacked L-BTC, drain 95% of the federation reserve through SideSwap, then negotiate its return on-chain via OP_RETURN messages. The network remains frozen, 598.5 BTC sits in the…

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Sep 8, 2026 · byCrypto.news

Hack Rocks Bitcoin News: Liquid Network Gets 3,400 BTC But Peg Services Stay Halted

Liquid Network recovered 3,400 BTC after an abnormal withdrawal, but 598.5 BTC remains and L-BTC services are still suspended with no restart date. The post Hack Rocks Bitcoin News: Liquid Network Gets 3,400 BTC But Peg Services Stay Halted appeared first on Coinspeaker .

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Sep 8, 2026 · byCoinspeaker

Blockstream to Liquid Network Hacker: ‘Safe to Return the Funds’

As the major Bitcoin sidechain Liquid Network has been paused due to an around $320 million hack, the absolute majority of the key players in the network haven’t issued any statements, while L-BTC is now backed by only 4.7% of the required bitcoin, as Blockstream says it’s “safe to return the funds.” In the most […]

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Sep 7, 2026 · byBitcoin.com News

A whitehat hacker is holding $320 million in drained Bitcoin until developers prove they patched a fatal network flaw

SideSwap says bug-created L-BTC passed a valid authorization as bridge nodes paused and reserve reconciliation became the restart test. The post A whitehat hacker is holding $320 million in drained Bitcoin until developers prove they patched a fatal network flaw appeared first on CryptoSlate .

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Sep 7, 2026 · byCryptoSlate

Liquid Network releases 3,996 BTC after L-BTC burn, risking peg discount when peg-outs reopen

The incident highlights the critical need for robust software security in federated sidechains to prevent systemic risks and maintain trust. The post Liquid Network releases 3,996 BTC after L-BTC burn, risking peg discount when peg-outs reopen appeared first on Crypto Briefing .

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Sep 7, 2026 · byCryptoBriefing

Liquid Sidechain Paused After 3,998 BTC Leaves Federation Wallet

Blockstream's Liquid disabled its bridge nodes on Sunday after almost the entire bitcoin reserve backing L-BTC was withdrawn to a single address, whose owner wrote “we are whitehats” into a bitcoin transaction.

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Sep 6, 2026 · byThe Defiant

Alleged White-Hat Hackers Withdraw 4,000 bitcoin from Blockstream’s Liquid Network Federation Reserves

Bitcoin Magazine Alleged White-Hat Hackers Withdraw 4,000 bitcoin from Blockstream’s Liquid Network Federation Reserves Liquid Network said purported white-hat hackers withdrew about 4,000 bitcoin from the federation wallet that backs L-BTC. Bridge nodes are disabled and the sidechain is paused. This post Alleged White-Hat Hackers Withdraw 4,000 bitcoin from Blockstream’s Liquid Network Federation Reserves first appeared on Bitcoin Magazine and is written by Juan Galt .

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Sep 6, 2026 · byBitcoin Magazine