Liquid Network Hacked: 4,000 BTC Stolen Worth $320M Amid Growing AI Threats
The Liquid Network has confirmed that hackers siphoned approximately 4,000 Bitcoin worth $320 million from its federation wallet. This incident highlights major custody and security risks for Bitcoin sidechains.
In response to this breach, Cardano founder Charles Hoskinson emphasized the need for protocol-level defenses against growing AI-enabled threats.
Hoskinson urged stronger security across crypto, DeFi, exchanges, and custody services, which may weigh on adoption and market sentiment. The Liquid Network has confirmed that hackers siphoned approximately 4,000 BTC worth $320 million from its federation wallet.