Liquid Network Hit by 4,000 BTC Breach

Approximately 4,000 Bitcoin worth about $320 million has left the Liquid Network without authorization, forcing the federated sidechain to pause while the actors promise to return the funds. Today’s episode separates the Bitcoin base network from the redemption risk now facing Liquid Bitcoin.

Also covered: DBS Bank and Citigroup completing a live weekend dollar payment through Swift’s tokenized-deposit ledger, Solana targeting 4,096-byte transactions, a proposed 12-month payment-registration pause in the Philippines, fresh movement from the Coldcard attacker and Malone Lam’s scheduled change-of-plea hearing.

Listener question: Would you accept a temporary discount on Liquid Bitcoin because the funds remain traceable, or wait until one-for-one backing is visibly restored?

Availability and eligibility vary by region. The 20 XRP is supplied by Crypto News Today, not Kraken.

More cryptocurrency news and analysis: CryptoNewsToday.io

#LiquidNetwork #Bitcoin #BTC #Blockstream #LBitcoin #DBS #Citi #Swift #TokenizedDeposits #Solana #PhilippinesCrypto #Coldcard #CryptoSecurity #CryptoNews #DailyCryptoRoundup

These notes are supplied by Crypto News Today and are not a transcript. No separate source links were supplied with this edition.