Blockstream has publicly stated its refusal to pay a ransom to the perpetrators of a recent security breach that resulted in the theft of approximately 600 Bitcoin (BTC) from its Liquid Network.
Reports mentioning Blockstream
The Liquid Network, a sidechain designed to facilitate faster and more confidential Bitcoin transactions, has resumed block production following a significant security incident. The network experienced an exploit that resulted in the loss of approximately $320 million in assets.
The Liquid Network, a Bitcoin sidechain that facilitates the transfer of Bitcoin to a tokenized form known as L-BTC, experienced a significant security incident on Sunday, September 6, resulting in the theft of nearly 4,000 Bitcoin.
The perpetrators of a significant cryptocurrency exploit have returned approximately $270 million worth of Bitcoin, following the theft of an estimated $320 million. The incident involved the Liquid Network, a Bitcoin-sidechain platform developed by Blockstream, which facilitates faster and more…
Purported white-hat hackers have successfully withdrawn approximately $320 million in Bitcoin from the Liquid cryptocurrency exchange. The hackers and Blockstream, the company operating the Liquid exchange, are reportedly communicating with each other through PGP-signed messages embedded within Bitcoin transactions.
The Liquid Network, a critical settlement layer utilized by cryptocurrency exchanges, has halted all transactions following a significant security exploit that resulted in the loss of $320 million worth of bitcoin.
Prominent Bitcoin proponents Michael Saylor and Adam Back have publicly criticized the proposed Bitcoin Improvement Proposal (BIP) 110, which aims to introduce changes to the Ordinals protocol. Saylor, the CEO of MicroStrategy, expressed his disapproval via a post on X…