Whitehat Hacker Holds $320M in Drained Bitcoin as Institutional Momentum Soars

A whitehat hacker has drained $320 million in Bitcoin from an unknown network, but refuses to return the funds until developers demonstrate that a fatal flaw has been patched.

The incident is the latest example of systemic security vulnerabilities across Bitcoin-adjacent infrastructure. Meanwhile, separate 'white hat' actors extracted 4,000 BTC via a vulnerability exploited through SideSwap on the Liquid network.

Despite these security concerns, institutional momentum appears robust. Grayscale forecasts a rotation of capital from equities into crypto assets, driven by mounting fear of missing out (FOMO). Bitcoin ETFs have also posted their strongest week of 2026, while El Salvador's Bitcoin strategy received IMF confirmation that no public funds were involved.