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Blockstream Hunts ‘White Hats’ After 4,000 BTC Leaves Liquid

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: The layer two (L2) sidechain known as the Liquid Network paused on Sunday following a so-called white hacker exploiting a bug in Blockstream’s Elements software, according to the X account Sideswap (Blockstream’s atomic-swap marketplace). 4,000 BTC Exit Liquid as Blockstream Scrambles to Contain Exploit On Sunday afternoon, the onchain sleuth Ergo BTC discovered that Blockstream’s […] Crypto Insight Analysis: Direction: Bearish L-BTC / Neutral BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: 4,000 BTC exit highlights security concerns for Liquid Network, but impact on broader market is limited.

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Blockstream Hunts ‘White Hats’ After 4,000 BTC Leaves Liquid — Crypto Insight