Bitcoin-based Liquid Network says $320 million withdrawn in hack

The Bitcoin-based Liquid Network has reported a significant security breach resulting in the unauthorized withdrawal of $320 million. According to reports from Reuters, the hack led to the loss of these substantial funds from the network. The organization has officially confirmed the scale of the theft, highlighting a major vulnerability within the system. This incident marks one of the largest financial losses associated with the Liquid Network, causing immediate concern across the broader cryptocurrency ecosystem.