Hackers have withdrawn ~4k BTC (~$320M) from the Liquid Federation wallet
Summary
A security incident on the Liquid Network reportedly saw ~4,000 BTC (~$320M) withdrawn from the Liquid Federation wallet by alleged white-hat hackers. The funds were moved via the SideSwap Peg-out Authorization Key, which was not compromised, and assets remain otherwise unaffected; bridge nodes are disabled and the sidechain is paused while Blockstream and Liquid Federation resolve the issue. Exchanges have paused LBTC deposits/withdrawals and monitoring is available via mempool.