Home/ Crypto News/ Liquid Sidechain Pauses After $320 Million Bitcoin Withdrawal
blockonomi 1 week ago

Liquid Sidechain Pauses After $320 Million Bitcoin Withdrawal

TLDR Liquid paused operations after actors withdrew about 4,000 BTC worth $320 million The withdrawal came from Liquid’s federation wallet, about 95% of its total holdings Actors claiming to be white hats contacted Blockstream through signed onchain messages They said they would return most of the funds once the Elements bug is patched Other assets [...]

The post Liquid Sidechain Pauses After $320 Million Bitcoin Withdrawal appeared first on Blockonomi.

Source: Source: Blockonomi