Post
Bit_Danu
The Liquid incident is bigger than a $320M hack.
The attacker reportedly exploited an Elements vulnerability to create unauthorized L-$BTC , then redeemed it through a process that appeared legitimate.
Multisig, whitelisting and valid signatures all worked as designed but the system accepted a counterfeit asset as real.
Nearly 4,000 BTC were withdrawn, representing over 90% of Liquid’s reported reserves.
The real question is not who had the keys.
#OracleAdobeEarnings
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$81,000.1+0.01%
ETH/USDTEthereum
$2,347.85+0.00%
SOL/USDTSolana
$102.11+0.01%
Today’s market buzz
1#The October FOMC interest rate decision is about to be announced
2#SK Hynix Q3 earnings report is imminent, can HBM4 boost profitability?
3#Can Robinhood's trading business growth continue?
