🔷 Hacker returned 3,400 $BTC , while holding 598.5
In early September, around 4,000 BTC were drained from Liquid’s infrastructure through a vulnerability in Elements. Liquid said its operators had not been hacked and its keys had not been compromised. After negotiations and a fix, the hacker returned ≈3,400 BTC. The remaining 598.5 BTC—not so.
On September 11, Blockstream refused to pay 10% for the return. Its position: holding someone else’s assets is not responsible vulnerability disclosure.
For holders: bridges and sidechains are code. A bug in that code hits the pool, not the keys.
Principled—or too principled for its own good? 👇
#CryptoRay #BTC
In early September, around 4,000 BTC were drained from Liquid’s infrastructure through a vulnerability in Elements. Liquid said its operators had not been hacked and its keys had not been compromised. After negotiations and a fix, the hacker returned ≈3,400 BTC. The remaining 598.5 BTC—not so.
On September 11, Blockstream refused to pay 10% for the return. Its position: holding someone else’s assets is not responsible vulnerability disclosure.
For holders: bridges and sidechains are code. A bug in that code hits the pool, not the keys.
Principled—or too principled for its own good? 👇
#CryptoRay #BTC
