- Liquid Network reported that approximately $320 million was withdrawn from its federation wallet, affecting a Bitcoin-based payments and settlement network.
- The withdrawals were made through SideSwap, a permitted settlement platform, while Liquid Network said the key used in the process was not compromised.
- The incident adds near-term security pressure to digital-asset infrastructure and highlights operational risk around Bitcoin-linked settlement networks.
Quotes
“Purported white-hat hackers”