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Bitcoin Network Hit by $320 Million Hack as Crypto Security Concerns Grow

Bitcoin Network Hit by $320 Million Hack as Crypto Security Concerns Grow

Bitcoin is back in the spotlight after a major security breach at Liquid Network saw about US$320 million worth of the cryptocurrency withdrawn from its federation wallet

(Singapore,
07.09.2026)A
Bitcoin-linked blockchain used by several cryptocurrency exchanges has suffered
a major security breach, with about $320 million (S$405 million) worth of
Bitcoin withdrawn from its reserves, adding to a series of attacks that have
renewed concerns over the safety of digital-asset infrastructure.

Liquid Network said around 4,000 of the 4,200 Bitcoin held
in its Liquid Federation wallet were withdrawn in the incident, representing
roughly 95% of the wallet’s holdings. The network described those responsible
as “purported…

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