Liquid Network Halts as White Hats Pull $320M in BTC Over Elements Flaw
The Liquid Network, the Bitcoin sidechain operated by Blockstream, has suspended operations following the withdrawal of approximately 4,000 Bitcoin — equivalent to roughly $320 million at current market prices — by a group identifying themselves as white-hat security researchers. The incident has sent an immediate shockwave through Bitcoin's Layer 2 infrastructure ecosystem, raising urgent questions about the robustness of the open-source software stack that underpins one of the most significant
🎯 Vulnerability: Remote Code Execution (RCE)
💡 Defense Fix: Avoid executing shell commands via system(). Use parameterized APIs and strict input sanitization.