Home / Technology / Hackers Drain $320M in Bitcoin from Liquid Network
Hackers Drain $320M in Bitcoin from Liquid Network
7 Sep
Summary
- Hackers withdrew approximately 4,000 Bitcoin from the network.
- The estimated value of the stolen Bitcoin is $320 million.
- New transactions on the network have been halted.
The Bitcoin-based Liquid Network experienced a major security incident on Sunday, September 6th, 2026, when approximately $320 million was withdrawn from its federation wallet.
Reports indicate that "purported white-hat hackers" successfully extracted around 4,000 Bitcoin, out of the 4,200 held in the Liquid Federation wallet. This breach has impacted Liquid wallets, and the network has apologized for the disruption.
In the immediate aftermath, Liquid Network announced it has halted new transactions to contain the situation. The stolen funds were withdrawn via SideSwap, a permitted settlement platform, though the network stated the key used in the process was not compromised.
