CRITICAL: Bitcoin sidechain Liquid hit by ~$320M security incident… — Liger Crypto Pulse — TG.ME

🚨 CRITICAL: Bitcoin sidechain Liquid hit by ~$320M security incident The Liquid Network confirmed that approximately 4,000 BTC were withdrawn from its federation wallet in a major security event reported Sunday. The wallet originally held around 4,200 BTC. Liquid referred to the actors involved as “purported white-hat hackers” and stated that new transactions have been paused as a precaution during the ongoing investigation. Crucially, Liquid emphasized that the cryptographic key used to authorize transactions was not compromised. This detail is key: the incident affects Liquid—a Bitcoin sidechain—not Bitcoin’s base-layer protocol itself. A significant development for the broader Bitcoin ecosystem. More updates expected as the situation unfolds. 💸 Liger Crypto Pulse