Tokens created out of thin air may explain how $320 million in Bitcoin left the Liquid sidechain
CryptoSlate1h agoUpdated 51m ago
Smart Read
Researchers examining the roughly $320 million Liquid Network incident have identified an alleged failure in the software’s transaction-validation cache, offering a more specific explanation for how unbacked tokens could be redeemed for real Bitcoin. Accounts also raise a deployment question. Mononaut said the…
Coins in this story
Discussion
Related stories
CoinTelegraph
Yen intervention meets US inflation data: Five things to know in Bitcoin this week
This week’s CPI and PPI prints, along with the Fed’s Sept. 16 rate decision, could determine whether Bitcoin can secure $80,000 as a support level.
The Block
Liquid Network attacker says they will return most of 4,000 BTC after bug fix
The Liquid Network attacker said they would return most of the roughly 4,000 BTC once the software bug affecting the network is patched.
CoinTelegraph
Coldcard third-wave attacker moves 45% of stolen Bitcoin
Galaxy said 82% of Bitcoin stolen across all Coldcard attacks remains in the original addresses, with 18% moved in apparent laundering.
KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.