Charles Hoskinson Sounds Alarm After Liquid Hack

TLDR Liquid reported that attackers removed about 4,000 Bitcoin, worth roughly $320 million, from its federation wallet. The funds moved through SideSwap’s Peg-out Authorization Key service, although Liquid and SideSwap said the PAK itself was not compromised. SideSwap linked the affected L-BTC to a reported vulnerability in Elements, the Bitcoin-based software behind Liquid. Liquid disabled [...]

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