White hat hacker drains approximately 4,200 BTC from Liquid Network
A white hat hacker successfully drained about 4,200 BTC, valued at $320 million, from the Liquid Network. This incident highlights significant security vulnerabilities within federated sidechain models and underscores the urgent need for a thorough review of their structural integrity and trustworthiness.
Summaries are written by AI from the original article. Not investment advice.