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Crypto· Blockchain

Liquid Sidechain Paused After 3,998 BTC Leaves Federation Wallet

Blockstream's Liquid sidechain paused operations after nearly its entire bitcoin reserve—approximately 3,998 BTC worth $320 million—was withdrawn from the federation wallet through an authorized key. The recipient of the funds claimed to be white-hat researchers in an on-chain message, though the vulnerability that enabled the withdrawal and the legitimacy of the claim remain unclear.

about 19 hours ago

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