Bitcoin-based Liquid Network Says $320 Million Withdrawn in Hack

Reuters reports: Liquid Network, a Bitcoin-based payments and settlement network, said on Sunday that about $320 million was withdrawn from its federation wallet in a hack. “Purported white-hat hackers” withdrew around 4,000 of the 4,200 bitcoin held in its Liquid Federation wallet, Liquid Network said in a post on X. “Liquid wallets will be impacted,” their post concluded, adding “and we’re sorry for any inconvenience.” Read more of this story at Slashdot.