A Bitcoin blockchain used by multiple cryptocurrency exchanges was hacked, and losses amounted to US$320 million. It is the latest in a series of recent thefts, shaking the outside world's confidence in the safety of digital assets. Liquid Network, which develops a blockchain aimed at speeding up transactions, stated in an X post that its Liquid Federation wallet holds about 4,200 bitcoins, of which about 4,000 have been stolen. Liquid said that those involved were “allegedly white hat hackers”; such hackers will transfer the funds after discovering the vulnerability; the original intention is to return them later, and they usually charge a certain fee. Liquid Network said, “Liquid wallets will be affected, and we apologize for any inconvenience,” adding that all new transactions have been suspended. The members of the coalition are actively working to resolve issues in order to restore the normal operation of the network.

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