Blockstream bets 600 Bitcoin by rejecting Liquid hacker’s $50 million bounty demand
Blockstream is refusing to pay the Liquid attacker nearly 600 Bitcoin (roughly $50 million), escalating a dispute over how the crypto industry should reward partial restitution. The standoff follows an unusual recovery from the Sept. 6 exploit, when a vulnerability allowed the attacker to create about 4,000 unbacked L-BTC and withdraw roughly 3,996 real BTC through […] The post Blockstream bets 600 Bitcoin by rejecting Liquid hacker’s $50 million bounty demand appeared first on CryptoSlate.
Key Takeaways
- Blockstream is refusing to pay the Liquid attacker nearly 600 Bitcoin (roughly $50 million), escalating a dispute over how the crypto industry should reward partial restitution.
- The standoff follows an unusual recovery from the Sept.
- 6 exploit, when a vulnerability allowed the attacker to create about 4,000 unbacked L-BTC and withdraw roughly 3,996 real BTC through […] The post Blockstream bets 600 Bitcoin by rejecting Liquid hacker’s $50 million bounty demand appeared first on CryptoSlate.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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