Liquid Network

Hackers have withdrawn $320 million worth of Bitcoin from a Liquid Network wallet, according to a report by Leadership Newspapers. The theft ranks among the larger cryptocurrency breaches reported recently, and details about how the attackers gained access, who is responsible, and whether the funds can be recovered have not yet been made public.

THORChain is dealing with internal governance dilemmas following a major security breach at crypto exchange Bitget. The incident has raised questions about how decentralized platforms coordinate responses to exchange-level exploits and who bears responsibility for contaminated funds moving through cross-chain liquidity networks. Observers are watching how THORChain's community resolves the dispute, as the case highlights broader governance weaknesses across decentralized finance infrastructure when major exchanges are compromised.