Liquid Network
Sep 2026 · Graded Attested · Financial Services · Beyond the filings
Incident summary
Liquid NetworkSep 2026
Not yet quantified
AAttestedLiquid Network's federation wallet held 4,200 Bitcoin behind a single point of failure, and roughly 4,000 of it left through SideSwap, the settlement rail the network itself authorized. Liquid insists the key was never compromised, which only relocates the flaw: a preliminary read points to a bug that let L-BTC be minted outright, no key needed. The source names no attacker, no confirmed fix, and calls it 'white-hat' anyway, a label that describes a hope, not a fact. A federation of eighty companies still built one wallet that a single bug could empty.
Financial Services
Bitcoin-based Liquid Network hit by US$320 million hack, halts transactions
Initial attack type software vulnerability inferred · Impact financial theft or fraud confirmed + operational outage
About this record
This incident is beyond the filings: attributed to a company statement, a regulator or court record, or a news report, and graded Attested or Inferred. Every figure links to the source it was read from; if we have read one wrong, tell us at info@hackerinahoodie.com. This index never sums figures across incidents. See the methodology.