Liquid Network suffers $320M Bitcoin theft
A wallet belonging to the Liquid Network, a platform specializing in Bitcoin payments and settlement, was hacked, resulting in the theft of approximately $320 million worth of digital assets—about 4,000 Bitcoin out of the 4,200 Bitcoin stored there. The withdrawal was carried out through the SideSwap platform, without the user’s private key being compromised, raising questions about how the attackers managed to access the assets. This breach is a significant blow to the network, which relies on Bitcoin, especially amid the increasing number of hacking incidents in the digital currency market. Many attacks have targeted infrastructure and private keys, reflecting growing security risks and the severity of vulnerabilities in digital asset protection.
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