Liquid Network resumes block production after $320M exploit
60-second summary
Liquid Network resumes block production after deploying emergency software updates following a $320 million exploit; however, transaction processing and peg‑in/peg‑out operations stay suspended while recovery continues. The swift restart stabilizes the sidechain’s consensus but limited functionality pressures users to seek alternative bridges, potentially reducing liquidity and prompting heightened scrutiny of security protocols across the industry.
Liquid restarted block production after deploying emergency software updates, though transactions and peg operations remain suspended as recovery efforts continue.