Liquid Network $320 million exploit stories

Sep 23, 2026

Blockstream publishes technical assessment of Liquid Network exploit

Blockstream published a technical assessment on September 23, 2026 of the September 6 Liquid Network exploit. It attributes the creation of unbacked L-BTC to a rangeproof verification cache flaw in Elements and describes the roughly 4,000 BTC peg-out, response and recovery. This is an assessment of the original incident, not a new attack.

Sep 23, 20261 source

Sep 7, 2026

Liquid Network hackers return 3,400 BTC after exploit, keep $47 million

Self-described white-hat hackers returned 3,400 of nearly 4,000 bitcoin stolen from the Liquid Network's federation reserves on September 6, but retained approximately 598.5 BTC worth $47 million. The sidechain remains frozen as Blockstream prepares a restart.

Sep 7, 2026

Sep 6, 2026

Liquid Network pauses after $320 million Bitcoin withdrawn by purported white-hat hackers

Blockstream's Liquid Network disabled its bridge nodes after approximately 4,000 BTC ($320 million) were withdrawn from the federation wallet to a single address. The withdrawer left an on-chain message stating "we are whitehats."

Sep 6, 20266 sources