‘Return the Bitcoin’: Blockstream Draws Line After 4,000 BTC Hack
A group that drained nearly 4,000 BTC from Blockstream’s Liquid Network returned 3,400 BTC, kept about 598.5 BTC, demanded a 10% bounty, and warned L-BTC holders could face a 15% loss. Now Blockstream has answered with an unusually direct ultimatum: It will not pay. The company says taking the bitcoin was theft, not white-hat security […]
Key Takeaways
- A group that drained nearly 4,000 BTC from Blockstream’s Liquid Network returned 3,400 BTC, kept about 598.5 BTC, demanded a 10% bounty, and warned L-BTC holders could face a 15% loss.
- Now Blockstream has answered with an unusually direct ultimatum: It will not pay.
- The company says taking the bitcoin was theft, not white-hat security […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
The legal drama of imprisoned Sam Bankman-Fried is waiting on its last act
The fallen leader of the former top exchange FTX is looking for answers from the U.S. Supreme Court.
‘DeFi’s federal bank’: Standard Chartered sees SKY token rising fivefold by end-2028
Standard Chartered Bank has initiated coverage of Sky, calling it "DeFi's federal bank," and expects SKY to rise $0.325 by 2028.
Anchorage Digital adds institutional access to Frgmnt’s fUSD stablecoin
The US federally chartered crypto bank will allow institutional clients to hold, mint, redeem and stake Frgmnt’s fUSD stablecoin through its custody platform.