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Bitcoin-based Liquid Network says $320 million withdrawn in hack

Source: reuters.com

Crypto & Digital AssetsCybersecurity & Data Privacy
Bitcoin-based Liquid Network says $320 million withdrawn in hack

Liquid Network said approximately $320 million was withdrawn from its federation wallet in a hack. The breach is a material negative for the Bitcoin-based payments and settlement network, raising security, custody, and counterparty-risk concerns for its users and broader crypto infrastructure.

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