Bitcoin sidechain Liquid Network exploited for $320 million; attackers claim to be 'white hats'

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Bitcoin sidechain Liquid Network exploited for $320 million; attackers claim to be 'white hats'

⚡ Markets: Negative sentiment for Bitcoin and the broader crypto market, highlighting infrastructure risks. Could pressure the price of BTC and related assets, and increase scrutiny on sidechain security.BTCETH

The Liquid Network, a Bitcoin sidechain used by exchanges, has been paused after an exploit led to the withdrawal of approximately $320 million worth of bitcoin (4,000 BTC). The attackers have claimed they are 'white hat' hackers intending to secure the funds, but the incident represents a major security breach for the platform.

West MSM 1Financial press 32 countries

4 sources across the spectrum

West MSMReuters — Bitcoin-based Liquid Network says $320 million withdrawn in hack

Financial pressCoinDesk — Bitcoin network used by exchanges hit by $320 million exploit. Hackers claim they're the 'good guys'

Financial pressCointelegraph — ‘White hats’ take 4000 BTC from Liquid, ETFs see best inflows of 2026: Hodler’s Digest

Financial pressThe Block — Liquid Network pauses after purported 'white-hat' hackers withdraw $320 million in bitcoin

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