Crypto
Liquid Network Hit with Devastating Hack: 95% of Wallet Reserves Withdrawn
The Liquid Network, a decentralized exchange network, has suffered a significant security breach. According to reports, nearly 95% of wallet reserves have been withdrawn.
The hack occurred on an unspecified date and time, but the extent of the damage was only recently revealed. The exact amount of cryptocurrency stolen is not specified in the report.
No official statement has been issued by Liquid Network regarding the breach or the measures being taken to prevent future attacks. However, the incident highlights the ongoing vulnerability of decentralized exchanges to hacking and cyber threats.