Liquid Network has restarted block production after suffering a $320 million exploit, according to CoinTelegraph. The company deployed emergency software updates to address the issue and enable the network to resume operation.
Despite the restart, transactions and peg operations remain suspended as recovery efforts are still underway. This cautious approach aims to ensure the network’s security and stability before full functionality is restored.
For Japanese investors and market participants, this incident underscores the importance of robust security measures in crypto infrastructure, particularly as DeFi and cross-chain solutions gain traction in the region.