Liquid Network drained of $320 million as cache bug lets attacker mint unbacked Bitcoin
Property	Value	Type
Title	Liquid Network drained of $320 million as cache bug lets attacker mint unbacked Bitcoin	metadata
Category	macro	metadata
Subcategory	macro	metadata
Sentiment	neutral	metadata
Published Date	2026-09-08T18:01:23.293Z	metadata
Trustworthy	no	metadata
Content	A reported cache bug in the Liquid Network allegedly enabled an attacker to mint unbacked L-BTC, creating a potential loss of approximately $320 million. The incident highlights risks in Liquid’s federation, issuance controls, and software infrastructure, rather than indicating a compromise of Bitcoin’s base layer. If confirmed, it could undermine confidence in Liquid and other Bitcoin sidechains, while Bitcoin itself remains unaffected directly....	content
Citation 1	https://crypto.news/liquid-network-320-million-drain-cache-bug-unbacked-bitcoin/	source

Liquid Network drained of $320 million as cache bug lets attacker mint unbacked Bitcoin

Sep 8, 2026

macro

A reported cache bug in the Liquid Network allegedly enabled an attacker to mint unbacked L-BTC, creating a potential loss of approximately $320 million. The incident highlights risks in Liquid’s federation, issuance controls, and software infrastructure, rather than indicating a compromise of Bitcoin’s base layer. If confirmed, it could undermine confidence in Liquid and other Bitcoin sidechains, while Bitcoin itself remains unaffected directly.

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https://crypto.news/liquid-network-320-million-drain-cache-bug-unbacked-bitcoin/

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