'White hat' hackers return $270 million of the $320 million in Bitcoin taken from Blockstream's Liquid Network

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'White hat' hackers return $270 million of the $320 million in Bitcoin taken from Blockstream's Liquid Network

⚡ Markets: The partial return of funds mitigates the financial damage from a major infrastructure exploit, but the incident itself raises security concerns about Bitcoin sidechains. The outcome is a slight positive for market sentiment, avoiding a worst-case scenario.BTC

Actors who withdrew approximately 4,000 BTC (worth ~$320M) from the Liquid Network's federation reserves have returned about 85% of the funds. The event, described by some as a white-hat rescue amid a security incident, has prompted preparations to restart the network.

West MSM: noneFinancial press 3West Right 1Google Non-West 12 countries

5 sources across the spectrum

Financial pressCointelegraph — Liquid ‘white hats’ return $270M in Bitcoin as network prepares restart

West RightZeroHedge — Hackers Withdraw 320 Million In Bitcoin From Blockstream's Liquid Network Federation Reserves

Google Non-WestGoogle News (Ukraine) — Атака на Liquid Network: викрадено біткойнів на $320 млн

Financial pressDecrypt — Liquid Hackers Return $270M in Bitcoin After Swiping $320 Million

Financial pressThe Block — The Daily: 'White-hat' hackers return most of the $320M they took from Liquid, and more

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