Liquid Network Resumes Operations After $320M Security Breach
TL;DR:
- On September 10, 2026, the Liquid Network federation resumed block generation following a four-day technical suspension.
- A vulnerability in the Elements software enabled the unbacked minting of nearly 4,000 LBTC and the withdrawal of 3,996 BTC on September 6, 2026.
- Operating reserves dropped from 4,205 BTC to 197 BTC during the exploit, followed by the return of 3,400 BTC on September 7, 2026.
This Thursday, September 10, sidechain Liquid Network resumed controlled block production following a security incident valued at $320 million. Blockstream and the federation of operators launched the first phase of technical recovery without opening commercial transactions to end users.
LIQUID NETWORK UPDATE: OPERATIONS RESUMED, RECOVERY ONGOING
Status as of September 10, 2026, 10:00 UTCRecovery Status
The Liquid Network has entered the next phase of its controlled resumption. As a precautionary measure, block production has resumed without transactions whileโฆ https://t.co/PbyBXIzdQc
- Liquid Network (@Liquid_BTC) September 10, 2026
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