Liquid Network: the Liquid Network Bitcoin sidechain was exploited through a vulnerability in its under… ($320,000,000)
What this rests on
Summary in preparation.
Market reaction
+0.96 %
before publication
-0.21 %
after
$84,647price at publication
12series points
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
How the story was built
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
The Crypto Guardian
scoop
our clock
Sep 25 09:28
The Crypto Guardian
scoop
our clock
Breaks the event: $320M
Thefts of a similar size
| When | What happened | Figure |
|---|---|---|
| 4.7 years ago | Portal · Signature Verification Flaw incident | $326M |
| 42 days ago | Liquid Network incident | $320M |
| 2.4 years ago | DMM Bitcoin incident | $305M |
| 7 months ago | Drift Trade · Proxy Upgrade Hijack incident | $295M |
| 6 months ago | Kelp DAO incident | $293M |
4200 incidents stored · 24 were as large as this one or larger ($320M)
What could happen next
What the prediction markets currently price as likely. This is context, not a forecast of ours: there is money on it, and that is all we show.
2 %
+0 pts
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1 %
no series
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2 %
-2 pts
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11 %
+0 pts
Kalshi · $601,306 of open interest · resolves on Jan 1, 2027