Liquid Network Resumes Block Production Following $320M Security Exploit
Source Summary
Liquid Network restarted block production after deploying emergency software updates in response to a $320 million exploit. Transactions and peg operations remain suspended as recovery efforts continue.
Why it matters
The exploit represents a significant security breach affecting a major Bitcoin sidechain, with ongoing suspension of core network functions indicating the severity of the incident.
What remains uncertain
The timeline for full restoration of transactions and peg operations is not specified.
