Liquid Network loses $320m in Bitcoin exploit

PSX Update • Sep 7, 2026

A Bitcoin settlement network relied upon by cryptocurrency exchanges has come under attack, with roughly $320 million worth of bitcoin drained from its reserves in the latest security lapse to rattle the crypto industry this year.

September 07, 2026 (MLN): A Bitcoin settlement network relied upon by cryptocurrency exchanges has come under attack, with roughly $320 million worth of bitcoin drained from its reserves in the latest security lapse to rattle the crypto industry this year. The breach struck Liquid Network, a sidechain launched by Blockstream in 2018, after purported "white-hat hackers" withdrew close to 4,000 of the 4,200 bitcoin he...