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Liquid Network Restarts Block Production After $320M Exploit

Liquid Network has resumed block production after emergency software updates linked to a $320 million exploit. Transactions and peg operations remain suspended while recovery efforts continue, Cointelegraph reported.

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Liquid Network Restarts Block Production After $320M Exploit
Liquid Network has resumed block production after deploying emergency software updates following an exploit involving $320 million, according to Cointelegraph. The restart marks a partial return to network operations, but key user-facing functions remain unavailable. Transactions are still suspended, and peg operations have not resumed while recovery efforts continue. The network’s latest status means blocks are being produced again, though the broader process of restoring normal activity is incomplete. Liquid has not yet fully reopened transfers or peg-related operations, leaving those services paused as the recovery proceeds. The incident remains relevant to crypto-market participants monitoring assets connected to the network, including DEP, ONT, XPL, PRO and STAR.
Source Cointelegraph This is an original Moneyiar brief based on the cited source.
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