A hacker stole $340M in a crypto heist, then returned most of it
In Brief
7:11 AM PDT · September 8, 2026
A hacker stole thousands of bitcoins worth about $340 million in a heist at a settlement exchange used by several cryptocurrency exchanges, representing one of the largest known thefts of crypto this year.
Liquid Network, which launched in 2018 by crypto firm Blockstream, said in a post on X on Sunday that a “white hat” hacker stole the funds from the network’s wallet, and that it has paused operations until the incident is resolved.
It’s not yet known who the hacker is, but crypto media reports that the hacker allegedly exploited a bug to withdraw the funds. The hacker said they would return the funds if Blockstream fixed the bug.
Former Blockstream executive Samson Mow said in a post on Xon Monday that the company had fixed the bug, and around 3,400 of the roughly 4,000 stolen bitcoins had...
Copyright of this story solely belongs to techcrunch.com. To see the full text click HERE
