A high-speed blockchain network relied on by multiple cryptocurrency trading platforms has been hit by a massive hacking, resulting in the theft of roughly $320 million and dealing another sharp blow to digital asset safety. Liquid Network, a specialised sidechain built to accelerate transaction speeds between trading desks, confirmed on X (formerly Twitter) that approximately 4,000 out of the 4,200 Bitcoin held in its primary Federation storage wallet were removed without authorisation.Liquid Network halts activity amid wallet impactIn response to the drain, network administrators moved swiftly to freeze all incoming and outgoing settlement activity to prevent further exposure. The company also posted a long statement confirming the…