🚨UPDATE: The Liquid Network “white-hat” hackers are now calling for Blockstream to personally fund a 10% bug bounty after returning roughly 3,400 bitcoin:native from the exploit.
The group says Blockstream failed to spend enough securing billions in assets, warning that the remaining ~600 BTC could stay withheld.
They also say they will publish the private key needed to decrypt their previous conversations with Blockstream. 👀
🚨 UPDATE: Roughly $268 MILLION in Bitcoin has been returned following the Liquid Network hack.
The hackers sent back 3,400 bitcoin:native after communicating onchain with Blockstream, while apparently keeping 598.5 BTC, worth around $47M, as an unofficial bounty.
Liquid remains paused and no formal bounty deal has been made public.