Hackers Return 85% of Stolen Bitcoin from Last Week’s Bridge Attack
The Liquid hackers returned 3,400 Bitcoin after Blockstream patched the bridge, but nearly 600 BTC stays with the attackers.
The Liquid hackers returned 3,400 Bitcoin after Blockstream patched the bridge, but nearly 600 BTC stays with the attackers.

Bitcoin Magazine Liquid Gets 3,400 BTC Back After On-Chain Talks; White Hats Keep 598.5 BTC A self-described white-hat party returned 3,400 BTC to Liquid Network’s federation wallet on Monday after Blockstream said bridge nodes were patched. About 598.5 BTC, near $47 million, remains at the holder address. This post Liquid Gets 3,400 BTC Back After On-Chain Talks; White Hats Keep 598.5 BTC first appeared on Bitcoin Magazine and is written by Juan Galt .

Nearly 600 BTC remains outstanding after Blockstream told the actors in an on-chain message that Liquid’s bridge nodes had been patched.

Roughly 4,000 BTC, worth about $320M at the time of the hack, left Blockstream’s Liquid Federation wallet on Sunday afternoon.

The incident highlights the critical need for robust security measures in blockchain systems to prevent significant financial vulnerabilities.

As the major Bitcoin sidechain Liquid Network has been paused due to an around $320 million hack, the absolute majority of the key players in the network haven’t issued any statements, while L-BTC is now backed by only 4.7% of the required bitcoin, as Blockstream says it’s “safe to return the funds.” In the most […]

Blockstream and the hackers are engaging with each other through PGP-signed messages in Bitcoin transactions.

Liquid’s purported white hats offered to return most of nearly 4,000 BTC after Blockstream patches the bug, but no repayment is confirmed.

The purported white-hat hackers behind the $320 million Liquid Network security incident have offered to return "most" of the nearly 4,000 BTC they withdrew, but only after Blockstream fixes the vulnerability that enabled the exploit.

The purported white-hat hackers behind the $320 million Liquid Network security incident have offered to return "most" of the nearly 4,000 BTC they withdrew, but only after Blockstream fixes the vulnerability that enabled the exploit.

The actors told Blockstream they would return most of the 4,000 BTC after the Elements vulnerability is patched across the network.
Ledger’s Chief Technology Officer has questioned the white hat label attached to the $320 million taken from Liquid Network. He stopped short of calling it a theft. Liquid described the parties as purported white hat hackers, and Blockstream is trying to reach them on-chain. Liquid Network Freezes Its Bridge as Self-Proclaimed White Hats Take 4,000

The layer two (L2) sidechain known as the Liquid Network paused on Sunday following a so-called white hacker exploiting a bug in Blockstream’s Elements software, according to the X account Sideswap (Blockstream’s atomic-swap marketplace). 4,000 BTC Exit Liquid as Blockstream Scrambles to Contain Exploit On Sunday afternoon, the onchain sleuth Ergo BTC discovered that Blockstream’s […]
Blockstream's Liquid disabled its bridge nodes on Sunday after almost the entire bitcoin reserve backing L-BTC was withdrawn to a single address, whose owner wrote “we are whitehats” into a bitcoin transaction.

Bitcoin Magazine Alleged White-Hat Hackers Withdraw 4,000 bitcoin from Blockstream’s Liquid Network Federation Reserves Liquid Network said purported white-hat hackers withdrew about 4,000 bitcoin from the federation wallet that backs L-BTC. Bridge nodes are disabled and the sidechain is paused. This post Alleged White-Hat Hackers Withdraw 4,000 bitcoin from Blockstream’s Liquid Network Federation Reserves first appeared on Bitcoin Magazine and is written by Juan Galt .

The Bitcoin sidechain has been paused, with exchanges suspending LBTC deposits and withdrawals as Blockstream works to contact those responsible.
$319 million left Blockstream's Liquid peg on Sunday. The wallet left a note. The chain says the peg still balances.

According to several reports, nearly 4,000 bitcoin worth roughly $319 million appear to have moved out of the Liquid Network’s federation wallet Sunday, followed by an onchain message from an unidentified party claiming, “we are whitehats. contact us on chain.” The developing story remains unconfirmed by the network’s team, and neither Blockstream, Liquid, nor Adam […]

Blockstream's revamped explorer enhances blockchain transparency and usability, potentially boosting developer engagement and network efficiency.

The French Bitcoin treasury firm’s private placement drew support from Adam Back and TOBAM, with warrant exercises potentially unlocking another $158 million.