Liquid Network Hit for $319M by Group Claiming Whitehat Status

Blockstream's Liquid Network has been hit by an exploit that resulted in the loss of approximately 4,000 BTC, valued at $318.93 million.

The attackers claimed to be 'whitehats' and left a message on-chain saying, 'we are whitehats. contact us on chain.'

Pricing data shows that Bitcoin's price action remains bullish in the short term, with the EMA50 at $79,032.18 and the EMA200 at $73,567.52.

However, a 'MACD death cross' at 274.09 signals fading momentum, while the RSI at 54.03 suggests room for a healthy retracement before any potential continuation in price prediction models.