Cybersecurity

How 4,000 BTC walked out of Blockstream's Liquid Network

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A hacker exploited a vulnerability in Blockstream's Liquid Federation wallet to steal approximately 4,000 BTC worth $320 million by bypassing security measures and using faulty Liquid Bitcoin tokens. This incident highlights critical flaws in the sidechain’s validation process and underscores the risks associated with outdated codebases in blockchain systems.

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