Liquid Hackers Return 3,400 BTC, Keep $47M as Network Stays Frozen

Self-described white-hat hackers have returned 3,400 BTC, valued at approximately $268 million, after draining Liquid Network reserves on September 6. The attackers kept roughly 598.5 BTC, worth $47 million, which represents about 15% of the total haul. The initial exploit involved roughly 4,000 BTC, then valued at $320 million. This incident emphasizes the urgent necessity for enhanced security measures and increased transparency within blockchain networks to prevent similar future exploits while the network remains frozen.