Liquid Network loses $320M, CLARITY vote nears, Bitcoin ETFs shed $463M | Weekly recap

In this week’s edition of the weekly recap, a withdrawal of nearly 4,000 BTC forced Liquid Network to suspend transactions before operators began a limited restart. The U.S. CLARITY Act faced fresh doubts ahead of a Sep. 15 Senate vote, while spot Bitcoin ETFs lost $462.7 million over four trading sessions. Summary Liquid Network halted transactions after a withdrawal worth about $320 million; 3,400 BTC was later returned. Senators remained divided over the CLARITY Act before a Sep. 15 procedural vote requiring 60 votes. U.S. spot Bitcoin ETFs lost $462.7 million during the Sep. 8–11 trading week. The DOJ restrained more than $52 million in crypto while targeting the Xinbi Guarantee network. The Ethereum Foundation ranked 62 proposals for its planned Hegotá upgrade. Liquid Network restarts blocks after $320 million withdrawal An actor created unbacked L-BTC and withdrew approximately 3,996 BTC through an authorized peg-out service, according to crypto.news’ report on the Liquid Network incident. The withdrawal, first reported on Sep. 6, removed roughly 95% of the Bitcoin held in the sidechain’s federation wallet at the time. Liquid stopped transactions and peg operations while deve...