1 day ago
Latest NewsPublishedSep 11, 2026
Blockstream said it would enactment with instrumentality enforcement, exchanges and forensic specialists to retrieve the Bitcoin if the hackers bash not instrumentality it.
Bitcoin infrastructure institution Blockstream said it volition not wage a ransom to retrieve funds inactive held by the Liquid Network hackers.
“Taking assets without authorization and withholding their instrumentality is simply a crime, not liable disclosure,” Blockstream said Friday. “It is not white-hat activity. It is theft.”
The institution said it had engaged with the hackers successful bully religion to retrieve idiosyncratic funds but would not judge their demands.
The hackers demanded that Blockstream wage a 10% bounty from its ain funds successful an onchain connection shared by Jan3 CEO and erstwhile Blockstream main strategy serviceman Samson Mow connected Wednesday. They warned that Liquid holders would different look a 15% loss.
Blockstream urged the hackers to instrumentality the remaining Bitcoin voluntarily. If not, it said it would enactment with instrumentality enforcement, exchanges, work providers and forensic specialists to hint the assets and place those responsible.
On Sept. 6, Liquid, a Bitcoin sidechain, paused operations aft self-described white-hat hackers withdrew astir 4,000 Bitcoin, past worthy astir $320 million, from its federation wallet.
The actors subsequently returned 3,400 BTC aft Blockstream said that affected span nodes had been patched, leaving astir 598 BTC outstanding.
Liquid resumed artifact production connected Thursday, producing bare blocks pursuing exigency bundle updates. Transactions and Bitcoin transfers into and retired of the web remained suspended.
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