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

MonitoringCryptoSecurity incidentFirst tracked 2026-09-12Last changed 2026-09-12

Current outcome

Blockstream is refusing the Liquid attacker's demand for nearly 600 BTC (~$50M) after 3,400 BTC was returned from the September exploit, leaving Liquid about 85% reserve-backed with peg-ins and peg-outs disabled.

Progress timeline

1 material updates
  1. #01
    Initial2026-09-12 07:20 · publication time

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

    Blockstream is refusing the Liquid attacker's demand for nearly 600 BTC (~$50M) after 3,400 BTC was returned from the September exploit, leaving Liquid about 85% reserve-backed with peg-ins and peg-outs disabled.

    Source evidence: CryptoSlate

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