Liquid Network Drops $320M Bitcoin Bridge Bag While Baja Gringos Lose Nothing
Blockstream's Liquid Network just suffered the single largest crypto exploit of the year, hemorrhaging roughly $320 million in a massive Bitcoin peg-out disaster. Down here in Baja, the power has been flickering for three days straight and my neighbor Gary is entirely unbothered, too busy trying to trade warm Tecates for an extra surfboard fin. Nobody cares about cross-chain bridge vulnerabilities when the Pacific swell is firing overhead and gas fees are just another abstract northern problem.