{
  "id": 6186376,
  "title": "Hackers steal $320M in bitcoin from Liquid Network, return most of it after patch",
  "url": "https://urgent.news/2026/09/07/hackers-steal-320m-in-bitcoin-from-liquid-network-return-most-of-it",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-09-07T22:36:46.000Z",
  "source": {
    "name": "SiliconANGLE",
    "slug": "siliconangle",
    "url": "https://siliconangle.com/2026/09/07/hackers-steal-320m-in-bitcoin-from-liquid-network-return-most-of-it-after-patch/"
  },
  "original_language": "en",
  "account": "Hackers infiltrated the Liquid Network, stealing approximately $320 million worth of Bitcoin over the weekend. Surprisingly, they returned most of the stolen funds, keeping around 598 out of the 4,000 coins taken, valued at about $47 million. The attackers claimed they kept the funds as a \"bounty\" to highlight a vulnerability in the Liquid Network. Launched in 2018 by Blockstream Inc., the Liquid Network is a layer two Bitcoin network, also known as a sidechain. This network processes transactions through a centralized workflow, unlike Bitcoin's decentralized approach. Instead of 80 organizations, only about 15 are involved in verifying transactions at any given time. The Liquid Network allows users to move funds to and from other blockchains via a system called SideSwap. This system relies on a peg-out authorization key (PKA) for transferring cryptocurrency. The hackers exploited a flaw in the Elements open-source project, which powers the Liquid Network's sidechain features. While the stolen Bitcoin amounted to about 95% of the Liquid Network's Bitcoin reserve, other cryptocurrencies on the sidechain remained unaffected. After the breach, the hackers left a message in a public Bitcoin transaction log, stating they would return most of the stolen cryptocurrency once Blockstream patched the vulnerability. This incident follows a series of recent cyberattacks on cryptocurrency platforms, with hackers stealing around $136.3 million in August alone.",
  "summary": "Hackers stole about $320 million worth of bitcoin over the weekend from a blockchain platform called the Liquid Network. In a somewhat unusual development, the attackers returned most of the haul earlier today. They retained 598 of the 4,000 stolen bitcoin, or about $47 million worth. The hackers stated that they would keep the funds […] The post Hackers steal $320M in bitcoin from Liquid…",
  "key_points": [
    "Hackers stole $320M worth of Bitcoin from Liquid Network",
    "Attackers returned 598 out of 4,000 stolen coins",
    "Vulnerability exploited in Elements open-source project"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Decrypt",
        "title": "Liquid Hackers Return $270M in Bitcoin After Swiping $320 Million",
        "url": "https://urgent.news/2026/09/07/liquid-hackers-return-270m-in-bitcoin-after-swiping-320-million",
        "published": "2026-09-07T19:13:56.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}