Bitcoin Network Says $320 Million Stolen in Latest Crypto Hack

Liquid Network, a Bitcoin-linked blockchain used by crypto exchanges, has been hacked for $320 million. Attackers stole roughly 4,000 of the 4,200 Bitcoin held in its Liquid Federation wallet. The network described the perpetrators as "purported white-hat hackers" who exploit vulnerabilities and move funds with the stated intention of returning them, typically for a fee.

"Purported white-hat hackers" who move funds after finding vulnerabilities with the intention of returning them, often for a fee.