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Bitcoin Worth $320 Million Taken From BTC Layer 2 Solution by 'White-Hat Hackers' — 'Contact Us on Chain'

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The Liquid Network, a Bitcoin Layer 2 solution, reported a significant security incident where white-hat hackers withdrew Bitcoin valued at tens of millions of dollars. The network has stated that the hackers have made contact on-chain to discuss the situation.
  • The Liquid Network, a Bitcoin Layer 2 scaling solution, experienced a security breach.
  • White-hat hackers reportedly removed Bitcoin worth tens of millions of dollars from the network's wallet.
  • The exact amount of Bitcoin withdrawn is stated as being worth $320 million.
  • The incident occurred on Sunday, September 6.
  • The Liquid Network confirmed the event via its official statement.
  • The hackers have initiated communication with the network on-chain.
  • Further details regarding the motive or the resolution of the incident were not immediately available.
  • The event highlights ongoing security challenges within cryptocurrency infrastructure.
  • The Liquid Network aims to facilitate faster and more private Bitcoin transactions.
  • This incident could impact user confidence in Layer 2 solutions.
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