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Bitcoin Sidechain Liquid Halts After $320M BTC Withdrawn by ‘White Hats’

Source: CoinTelegraph

Bitcoin sidechain Liquid has been paused after purported ‘white hats’ withdrew approximately 4,000 BTC ($320M) citing a vulnerability in the Elements protocol. The actors told Blockstream they will return most of the funds once the vulnerability is patched network-wide, raising security concerns for the sidechain ecosystem.

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