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Blockstream Refuses Ransom Demand as Liquid Hackers Hold 600 BTC


Blockstream says it will not negotiate with the parties it describes as hackers behind the recent Liquid Network incident, insisting that the demand for a bounty amounts to theft rather than “responsible disclo...
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BitcoinGrandpa
23 minutes ago
Not negotiating is the right move—once a precedent is set, everyone will come demanding a ransom. However, the sidechain security model does need to be reassessed.
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AirdropSponge
30 minutes ago
The hacker is asking for a bounty, calling it responsible disclosure—LOL, this is clearly outright extortion.
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GalaxyBubbles
an hour ago
600 BTC is no small amount. Blockstream is standing firm to the very end—I admire the boldness, but what about users’ assets?
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GateUser-657d184e
2 hours ago
Federated chains like Liquid inherently involve trust assumptions, so incidents are not surprising, but Blockstream’s response is an attitude other projects should learn from.
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TxSigner
2 hours ago
First Review
Wait, 600 BTC are in the hackers’ hands—is L-BTC on Liquid still pegged 1:1? I’m a little panicked.
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