The Bitcoin-affiliated Liquid Network suffered a $320 million hack, further damaging the cryptocurrency's reputation just as the industry attempts to convince banks and institutional investors that digital assets can be part of mainstream financial infrastructure. Previously, the Liquid Network had suspended operations after alleged "white hat" hackers extracted $320 million in Bitcoin; recent news indicates that the "white hat" hackers have returned $270 million in Bitcoin, accounting for 85% of the stolen funds, and the network is preparing to restart.