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Crypto : Liquid Restarts After the Exploit, but the Network Runs on Empty

Crypto : Liquid Restarts After the Exploit, but the Network Runs on Empty


10h11 ▪
3
min read ▪ by
Fenelon L.

Summarize this article with:

Liquid Network has resumed producing blocks after the attack that allowed the creation of nearly 4,000 LBTC not backed by bitcoins. The network is operational again, but users must still wait before they can make transactions or convert their BTC into L-BTC.

Liquid is back online following the outage, while Bitcoin remains locked and transactions remain suspended as technicians monitor the situation.Liquid is back online following the outage, while Bitcoin remains locked and transactions remain suspended as technicians monitor the situation.

In brief

  • Liquid has resumed block production after several days of stoppage.
  • The Elements v23.3.4 fix targets a flaw related to the cache used to verify amount proofs.

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