🚨 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The Liquid Network confirmed that approximately 4,000 BTC were withdrawn from its federation wallet in a major security event reported Sunday.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.
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Liger Crypto Pulse
9September 7, 2026 1.2K 1
