MarketPublished by KAS Watch · September 08, 2026
Liquid Network Pauses Following $320M Bitcoin Withdrawal by Purported White Hats
Bitcoin sidechain Liquid was paused after purported white-hat actors withdrew approximately 4,000 BTC worth $320 million. The actors reportedly informed Blockstream they would return most of the funds once an Elements vulnerability is patched across the network.
Why it matters for the market
Security incidents and emergency pauses on prominent layer-2 or sidechain infrastructure can influence broader crypto market risk appetite and highlight bridge and sidechain risks, potentially affecting liquidity sentiment across alternative networks like Kaspa without implying direct operational impact.
Original source
Cointelegraph
Source publication · September 07, 2026 · 1 verified source
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