Liquid Network Suffers $320 Million Bitcoin Withdrawal in Security Incident

Liquid Network reported that approximately 4,000 BTC, valued at $320 million, were withdrawn from the Liquid Federation wallet by entities claiming to be white-hat hackers. The attackers communicated with Blockstream via on-chain messages, promising to return most of the funds once a software vulnerability is patched. In response, the project team suspended bridge nodes and transaction processing, while notifying exchanges to halt L-BTC deposits and withdrawals. Other network assets, including USDT, DePix, and various RWA tokens, remain unaffected. The brea