Tuesday, September 08, 2026

A white hat hacker stole $340M or about 4,000 bitcoins in a crypto heist on Liquid Network, then he returned most of it after

I guess, he proved he could do it! This was not a theoretical attack approach!

"A hacker stole thousands of bitcoins worth about $340 million in a heist at a settlement exchange used by several cryptocurrency exchanges, representing one of the largest known thefts of crypto this year.

Liquid Network, launched in 2018 by crypto firm Blockstream, said in a post on X on Sunday that a “white hat” hacker stole the funds from the network’s wallet, and that it has paused operations until the incident is resolved. ...

The hacker said they would return the funds if Blockstream fixed the bug. ...

Former Blockstream executive Samson Mow said in a post on X on Monday that the company had fixed the bug, and around 3,400 of the roughly 4,000 stolen bitcoins had been returned. The remaining about 600 bitcoins (about $47 million) were still under the hacker’s control. ..."

A hacker stole $340M in a crypto heist, then returned most of it | TechCrunch

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