Bitcoin Layer 2 solution Liquid Network recovered 3,400 BTC of the approximately 4,000 BTC withdrawn during Sunday’s security incident, according to the latest update from Samson Mow. The alleged white hat hackers previously told the Adam Back-led company that the funds would be returned once the network problem was resolved. In their post, they warned … Read more
Bitcoin Layer 2 network Liquid Network reported a security incident in which alleged white hat hackers withdrew approximately 4,000 BTC, worth $320 million, from Liquid Federation’s wallet. Blockstream attempts to contact the parties involved via a signed on-chain message. Network bug needs to be fixed first In an update, Liquid said the funds were withdrawn … Read more
Hashdex has begun liquidating its Hashdex Bitcoin ETF, ticker DEFI, marking the first closure of a US spot Bitcoin ETF since the category launched in 2024. The fund ceased trading on the NYSE Arca on August 17. Hashdex cited low assets under management, high operating costs and a small asset base of around $14.7 million … Read more