Liquid Network Pauses After Purported $320M White-Hat Bitcoin Withdrawal

Liquid Network has paused operations following a security breach where hackers drained 4,000 BTC, valued at approximately $320M. The individuals responsible claim to be white-hat hackers and have promised to return most of the stolen Bitcoin once the identified vulnerability is resolved. This incident has led to a temporary suspension of network activities while the team addresses the flaw. The self-described good guys maintain that their actions were intended to highlight the critical security gap.