Technology
Liquid Network reports 4,000 bitcoin taken in $320 million security incident
About $320 million was drained from a federation wallet by purported white-hat hackers, according to Slashdot.
The short version
- Liquid Network disclosed that approximately $320 million was taken from its federation wallet in an apparent hack.[Slashdot]
- The network stated that self-described white-hat hackers removed about 4,000 of the 4,200 bitcoin stored in the wallet.[Slashdot]
- Liquid wallets are expected to be affected, while the full operational impact and recovery outlook remain unspecified.[Slashdot]
Key facts
- Liquid Network stated that roughly $320 million was withdrawn from its federation wallet during a hack.[Slashdot]
- The platform reported that purported white-hat hackers took approximately 4,000 of the 4,200 bitcoin stored in the wallet.[Slashdot]
- Liquid Network confirmed that user wallets on the network will be impacted by the incident.[Slashdot]
What remains uncertain
Sources
Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.