Bitcoin · Decrypt
Blockstream later sent a signed message stating, “Bridge nodes are patched, safe to return the funds
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The actors then transferred 3,400 BTC to the Liquid Federation address.
Key facts
- The self-proclaimed “white hat hackers” behind the withdrawal of roughly 4,000 BTC from Liquid Network returned 3,400 BTC, worth around $269.2 million, to the sidechain’s federation wallet Monday
- Despite the return, approximately 598.5 BTC, worth about $47 million, remains in the address linked to the withdrawal
- The actors then transferred 3,400 BTC to the Liquid Federation address
- The incident began Sunday when a customer sent 4,000 L-BTC to SideSwap’s peg-out service
Summary
The actors behind Liquid’s 4,000 BTC security incident returned 3,400 BTC to the federation wallet. The transfer followed a signed message from Blockstream saying Liquid’s bridge nodes had been patched. Nearly 600 BTC remains outstanding, and Liquid has not announced when normal operations will resume. The self-proclaimed “white hat hackers” behind the withdrawal of roughly 4,000 BTC from Liquid Network returned 3,400 BTC, worth around $269.2 million, to the sidechain’s federation wallet Monday, recovering about 85% of the funds. Despite the return, approximately 598.5 BTC, worth about $47 million, remains in the address linked to the withdrawal.