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Blockstream publishes technical assessment of Liquid Network exploit

Sep 23, 2026

Blockstream's report explains how the Elements rangeproof cache accepted an invalid transaction that inflated Liquid's L-BTC supply and allowed an approximately 4,000 BTC peg-out. It also documents the network halt, fixes and recovery work following the September 6 incident.

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Blockstream
Liquid Network Security Incident Assessment
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Liquid Network $320 million exploit