🚨 $320 MILLION JUST DISAPPEARED FROM A BITCOIN-BASED NETWORK
Liquid Network reported that around 4,000 BTC were withdrawn from its federation wallet in a hack.
That's roughly $320M worth of Bitcoin.
The network says it has halted new transactions while the incident is investigated.
Here's the scary part:
The reported withdrawal happened even though Liquid said the cryptographic key itself was NOT compromised.
Was this a security failure, an insider issue, or something else?
👇 What do YOU think happened?
$BTC #Bitcoin #Crypto #LiquidNetwork
Liquid Network reported that around 4,000 BTC were withdrawn from its federation wallet in a hack.
That's roughly $320M worth of Bitcoin.
The network says it has halted new transactions while the incident is investigated.
Here's the scary part:
The reported withdrawal happened even though Liquid said the cryptographic key itself was NOT compromised.
Was this a security failure, an insider issue, or something else?
👇 What do YOU think happened?
$BTC #Bitcoin #Crypto #LiquidNetwork