Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Liquid Federation Hit with $320 Million BTC Withdrawal After Unauthorized Transaction

Guavy AI Editorial Team
Instruments
BTC
Share

A significant security breach occurred on September 6 when nearly 4,000 BTC, worth roughly $320 million, were withdrawn from the Liquid Federation's Bitcoin wallet in an unauthorized transaction.

The federation confirmed that 'white-hat hackers' carried out the withdrawal, leaving an on-chain message saying 'we are whitehats. contact us on chain.'

Liquid stated that the transaction was authorized with SideSwap's peg-out authorization key (PAK), but not the PAK itself, which suggests another part of the control chain may have failed.

More on Crypto

Crypto 1m ago

Cronos Price Surges to ₹5.47 Amid Market Volatility

Crypto 3m ago

AlphaPepe Presale Surpasses $2.6M as Ethereum Price Prediction Targets $10,000

Crypto 6m ago

EU Unveils New Sanctions Package Targeting Energy, Crypto, and Fishing Industry

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy