Two software bugs allowed the attacker to create more than 2,000 times Bitcoin’s maximum supply in unbacked syBTC. Symbiosis puts preliminary losses at 9.97 BTC.

Forbes contributors publish independent expert analyses and insights. Boaz Sobrado is a fintech leader and entrepreneur. Aug 04, 2026, 07:23pm EDT This voice experience is generated by AI. Learn more.

The Liquid Network hacker has returned 3,400 BTC to the Liquid Federation after Blockstream patched the bug behind the reported exploit.

With 598.5 BTC still outstanding, the company says it will go to law enforcement should the funds not be returned.

Quick ReadBitget's Protection Fund absorbed a $388 million hack and rebuilt to $309 million by September 30, covering all ...

Hackers withdrew roughly 4,000 Bitcoin worth about $320 million from Liquid Network, draining about 95% of the Bitcoin held in the network's federation wallet and forcing the Bitcoin-linked settlement ...

Adam Back, the longtime Bitcoin cryptographer whose early work was referenced by Satoshi Nakamoto and who has repeatedly ...

An updated investigation maps the movement of funds after Bitget’s $387.5 million breach, identifying a traceable Bitcoin position alongside growing use of privacy tools.

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. A catastrophic hack on Coldcard hardware wallets led to $130 million in Bitcoin being stolen ...

The amount of bitcoin stolen has been confirmed at $115 million, according to Galaxy Digital's latest figures. New data from Galaxy Research shows that $115 million in bitcoin has been lost in the ...

The $320 million Bitcoin theft occurred through SideSwap, a platform authorized to process withdrawals from Liquid Network, rather than through the theft of a cryptographic key. Unsplash/Ewan Kennedy ...