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techtimes.com > articles > 326941 > 20/26/0908 > liquid-network-exploit-drained-316m-via-software-bug-not-stolen-keys.htm

Liquid Network Exploit Drained $316M Via Software Bug, Not Stolen Keys

5+ day, 2+ hour ago   (619+ words) The incident is the largest publicly disclosed Bitcoin sidechain security breach on record: approximately 3,996 BTC, worth roughly $316 million, drained from the Liquid Federation's reserve wallet in a single transaction, recovered in part within about 26 hours through an entirely on-chain negotiation....