liquid network · Blockstream
Update to incident: ~4,000 BTC withdrawn from Liquid Federation wallet; Liquid network suspended
Liquid produces blocks again, but without transactions for now; peg operations remain suspended
As of September 10, 10:00 UTC, the Liquid network has moved to the next stage of its controlled restart. For now, blocks are being produced without transactions to check stability. Blockstream confirms that updates to functionaries and bridge nodes have been deployed, and functionaries are signing blocks normally. Peg operations, including PAK-authorized peg-outs, remain suspended: the BTC/LBTC reserve is still being restored.
Source: x.com - Liquid_BTC
Incident history
- 06 Sept~4,000 BTC withdrawn from Liquid Federation wallet; Liquid network suspended
- 07 SeptAbout 4,000 BTC withdrawn without authorization from Liquid Federation wallet; some already returned
- 08 SeptBlockstream deploys updated software and prepares a coordinated restart of the Liquid network
- 08 SeptBlockstream identifies cause of Liquid incident: range proof vulnerability in the Elements protocol
- 08 SeptBlockstream: Liquid network restart expected in 4–5 days
- 09 SeptFollowing the Liquid incident, a wave of phishing impersonating Blockstream and Liquid
- 10 SeptLiquid produces blocks again, but without transactions for now; peg operations remain suspended
- 10 SeptLiquid transactions are going through again; peg operations remain suspended for now
- 10 SeptLiquid resumes transactions, peg-outs remain disabled; node operators urged to update Elements immediately