Liquid Network Hacked for $320 Million in Latest Crypto Heist

The Liquid Network has been hacked for $320 million in what is being called the latest crypto theft. This comes after a series of high-profile hacks that have shaken confidence in digital-asset security.

A total of approximately 4,000 out of 4,200 Bitcoin held in the Liquid Federation wallet were stolen in the hack. The perpetrators claim to be 'purported white-hat hackers' who find vulnerabilities and return the funds for a fee.

The incident has raised questions about the security measures in place at crypto exchanges that use the Liquid Network blockchain.