Bitcoin Sidechain Suffers $320 Million Hack, Losing 95% of Collateral
On September 6, approximately 4,000 BTC were drained from a reserve wallet on the Liquid Bitcoin sidechain. The stolen assets were valued at roughly $320 million (49.9 billion JPY) at the time of the incident, representing 95% of the wallet's 4,200 BTC holdings.
Summaries are written by AI from the original article. Not investment advice.