Executive Summary

Hackers drained about 4,000 BTC (≈$320 M) from the federation wallet backing Blockstream’s Liquid sidechain. The attackers claimed to be “good guys,” but the incident exposed a vulnerability in Liquid’s wallet management, affecting exchanges and other financial institutions that use the network.

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Intelligence Metadata - Source Publisher: DataBreaches.net - Published Date: 2026-09-07T16:37:38+00:00 - Category: data-breaches

Original Description: Carly Page reports: Hackers have drained roughly $320 million in Bitcoin from the federation wallet backing the Liquid Network, while claiming to be the good guys. Liquid, a Bitcoin sidechain developed by Blockstream and used by exchanges and other financial institutions, said in a post on X on Sunday that around 4,000 BTC had been withdrawn from... Source

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