Liquid Network Halts Transactions After $320 Million Bitcoin Withdrawal
The Liquid Network experienced a security breach with approximately 4,000 Bitcoin, valued at around $320 million, withdrawn from its Federation wallet. The withdrawals were made using SideSwap's Peg-out Authorisation Key (PAK), which remains uncompromised. Blockstream and federation members have paused transactions and are investigating the incident. Reports indicate that most stolen Bitcoin has been returned by alleged white-hat hackers. Some exchanges have temporarily suspended Liquid Bitcoin (L-BTC) transactions amid ongoing efforts to restore normal operations.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is negative (36/100). Lens Score 44/100.
Outlets measured: businessstandard, mint. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (28–45/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
mint broke this story on 7 Sept, 08:10 am. Other outlets followed.
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