LC Insight
Friday, November 13, 2026Read the chain, not the rumors.

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Liquid Network news and analysis from LC Insight: 2 stories, newest first.

Security

$771 million stolen in September, and two hacks were 92% of it

September 2026 was the worst month of the year for crypto hacks until October, CertiK's data show. Bitget and the Liquid Network caused almost all of it, and a returned bitcoin haul cut the real loss to about $488 million.

Security

A Liquid bug minted 4,000 unbacked L-BTC. Eight weeks on, the reserve is 550 BTC short

An attacker used a flaw in Liquid's software to create unbacked tokens and redeem them for about $319 million in real bitcoin, then sent 85% back. The reserve is still 550 BTC short and direct redemptions stay paused.