Liquid Network loses $320M in hack

Liquid Network, a Bitcoin-linked blockchain launched by Blockstream in 2018, was hit by a $320 million hack that drained about 4,000 Bitcoin. The attackers, who claimed to be white hats exposing security flaws, later returned some of the funds.

• The hack hit Liquid Network, launched by Blockstream in 2018
• About 4,000 Bitcoin worth $320 million were drained
• Attackers claimed to be white hats and returned some Bitcoin