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Deep & Emerging Tech·September 7, 2026·1 min read

Hackers Drain $320 Million From Bitcoin’s Liquid Network, Keep $47 Million for Themselves in ‘White Hat’ Operation

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A $320M drain with $47M retained under a ‘white hat’ banner underscores how blurry the line is between security research and economic attack in crypto. Treat any bridge or sidechain integration as a critical vendor relationship—run real threat modeling, not just due diligence on the marketing claims.