Liquid Network theft: "3,400 of 4,000" bitcoin:native returned; $47M still missing as Blockstream keeps talks going
AI Market Summary
Liquid Network remains paused after a Bitcoin-denominated exploit; white hat actors have returned 3,400 of 4,000 BTC, but 598 BTC (about $47M) is still outstanding while Blockstream negotiates. Partial recovery reduces immediate loss severity, yet the continued outage and unresolved funds keep operational and counterparty risk elevated. The episode may temporarily pressure confidence in Bitcoin sidechains and related custodial flows.
Impact level
● Medium
Affected assets
BTC/USDT-1.23%
AI Insight · BTC/USDTAI Insight
● Neutral
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Liquid Network said white-hat hackers have returned 3,400 of the 4,000 stolen bitcoin:native. About 598 bitcoin:native, valued at roughly $47 million, remains outstanding. Blockstream is continuing negotiations, and the network is still paused.