Hackers Withdraw $320 Million in Bitcoin from Liquid Network, Claiming White-Hat Intentions
Approximately 4,000 BTC, valued at roughly $320 million, were withdrawn from the Liquid Network federation wallet through the SideSwap PAK. The attackers claim to be white-hat hackers and assert that no private keys were compromised during the incident. In response, exchanges have suspended LBTC activity, and the sidechain has been temporarily disabled as a precautionary measure.
Summaries are written by AI from the original article. Not investment advice.