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Hackers Steal Around $320 Million in Bitcoin from Liquid Exchange

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Hackers have successfully withdrawn approximately 4,000 BTC, valued at around $320 million, from the Liquid Federation wallet. Liquid, a cryptocurrency exchange and settlement network, announced the breach via its official Twitter account. The attack targeted the exchange's federated wallet, which is used to manage and secure digital assets. The incident represents one of the larger cryptocurrency exchange hacks in recent history. Liquid has not yet disclosed full details about how the breach occurred or whether affected users will be compensated.

Read the full story at Hacker News

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