#LiquidEmergencyPatch
About LiquidEmergencyPatch
Liquid Network released Elements v23.3.4 on Sept 9, patching a proof verification cache bug. Functionary nodes are upgrading. Recovery runs in three stages: resume block production while pegs stay paused, re-execute verified transactions, then reopen pegs once network state is confirmed. Stages one and two are in parallel testing. An attacker had exploited the bug to mint unbacked L-BTC and swap out roughly 4,000 BTC. About 3,400 has been returned; 598.5 BTC remains outstanding.
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Liquid hackers returned 3,400 BTC but kept 598.5 BTC, worth roughly $47 million.
The exploit targeted Elements, Liquid’s Bitcoin sidechain framework, allowing attackers to mint unbacked L-BTC and redeem it for real BTC.
Bitcoin’s base layer wasn’t compromised—the bridge was.
Wrapped BTC always introduces an additional layer of trust and risk on top of Bitcoin.
#ZECBreaksIntoTop10 #SamsungHynix10DaySupply #OracleAdobeEarnings
$ETH Liquid Network Hack 🚨
A major Liquid Network security incident reportedly involved roughly 4,000 BTC. About 3,400 BTC has been returned, while a significant amount remains outstanding.
#DailyOrbit
🚨 Liquid Network Reports 4,000 BTC Exploit
Liquid Network has reportedly suffered an exploit involving around 4,000 BTC, with network activity later halted. The attackers claim to be white hats and say the funds could be recovered after the bugs are fixed. However, Ledger’s CTO and others have questioned this narrative, citing similarities to the Ronin hack.
BTC: -0.45%
$BTC
#BTCGoldCorr+0.50
🚨 EVERYONE IS WATCHING BTC. FEW ARE WATCHING THE INFRASTRUCTURE.
$BTC rejected $81K for the third time this month, but the bigger story may be elsewhere.
Liquid Network reportedly suffered a $320M loss and experienced a freeze, with attackers claiming they were acting as “the good guys.”
Price can recover quickly.
But when the pipes break, rebuilding trust takes much longer. 👀
#ZECBreaksIntoTop10 #SamsungHynix10DaySupply #OracleAdobeEarnings
Everyone asks, “How high can BTC go?”
But maybe that’s the wrong question. 👀
Today, something happened that made me think about a much bigger risk in crypto.
Bitcoin-based Liquid Network disclosed that around $320M in assets moved from its Federation Wallet, involving roughly 4,000 BTC, and the network paused new transactions.
And honestly, my first thought wasn’t:
“Is Bitcoin going to dump?”
It was:
“Are we paying enough attention to whether our assets are actually
#DailyOrbit
The Liquid incident is bigger than a $320M hack.
The attacker reportedly exploited an Elements vulnerability to create unauthorized L-$BTC , then redeemed it through a process that appeared legitimate.
Multisig, whitelisting and valid signatures all worked as designed but the system accepted a counterfeit asset as real.
Nearly 4,000 BTC were withdrawn, representing over 90% of Liquid’s reported reserves.
The real question is not who had the keys.
#OracleAdobeEarnings
NET BINNEN: $320M Bitcoin VERMIST Vandaag - 4.000 BTC Gestolen, Netwerk GESLOTEN
Bitcoin-gebaseerd Liquid Network is gehackt. $320 MILJOEN opgenomen uit hun federatiewallet. Liquid Network bevestigde dit vandaag op X, zondag 7 september. Ze zeiden dat ongeveer 4.000 van de 4.200 BTC in hun wallet gestolen zijn. De hack gebeurde via SideSwap, een afwikkelingsplatform. Aanvallers hebben bijna de hele wallet in één keer leeggehaald. Liquid zei: "Liquid wallets zullen worden beïnvloed, en we bieden onze excuses aan voor het ongemak." Ze hebben alle nieuwe transacties stopgezet. Dit is de grootste Bitcoin-hack van 2026 tot nu toe
BTC rejected $81K. Third time this month.
Real story got buried: Liquid Network an exchange settlement layer just lost $320M and froze up.
Hackers calling themselves "the good guys."
Everyone's watching the candle. Nobody's watching the pipes.
Charts recover in days. Trust doesn't.
#Bitcoin #Crypto #Security
#BTCGoldCorr+0.50 #BTCVolumeDriesUp
$BTC $ZEC $ETH
🚨 BREAKING: $320M WORTH OF BTC MOVED IN LIQUID NETWORK HACK! 😳
Around 4,000 BTC was reportedly withdrawn from Liquid Network’s federation wallet.
⚠️ Important: Bitcoin itself was NOT hacked. The incident involved Liquid’s separate infrastructure.
Crypto traders: watch your risk and avoid panic selling. 👀
$BTC $ETH $SOL $BNB $XRP $DOGE $ADA $SUI $LINK $AVAX
#Bitcoin #Crypto #BTC
#ZECBreaksIntoTop10 #RobinhoodChainARBRev #OracleAdobeEarnings
#Liquid was drained of about 4000 BTC, sidechain operations suspended
The sidechain was drained, why panic about BTC? It's not that scary.
Brothers, here’s a big scoop. Over the weekend, 4000 BTC worth $320 million were drained from Liquid’s sidechain, emptying 95% of its reserves. The official team was so scared they shut down the entire chain, freezing all deposits and withdrawals.#ZECBreaksIntoTop10 #RobinhoodChainARBRev #OracleAdobeEarnings