Secure vault door slightly open with digital light, representing the Liquid Network security incident.
Bitcoin News

Liquid Network suspends operations after purported white hats drain $320M in Bitcoin

Bitcoin sidechain Liquid has suspended operations following the withdrawal of approximately 4,000 Bitcoin — valued at roughly $320 million — from its federation wallet by actors claiming to be white-hat hackers. The incident, disclosed on Sunday, prompted Liquid to disable bridge nodes and halt new transactions while exchanges paused or prepared to pause L-BTC deposits […]