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A hacker stole $340M in a crypto heist, then returned most of it

CN
CitrixNews Staff
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A hacker stole $340M in a crypto heist, then returned most of it

A hacker stole thousands of bitcoins worth about $340 million in a heist at a settlement exchange used by several cryptocurrency exchanges, representing one of the largest known thefts of crypto this year.

Liquid Network, launched in 2018 by crypto firm Blockstream, said in a post on X on Sunday that a “white hat” hacker stole the funds from the network’s wallet, and that it has paused operations until the incident is resolved.

Originally reported by TechCrunch. Read the full story at the original source.