CryptoSlate September 12, 2026

Blockstream bets 600 Bitcoin by rejecting Liquid hacker’s $50 million bounty demand

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 […]

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