High Alert

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

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CryptoSlate
Blockstream bets 600 Bitcoin by rejecting Liquid hacker’s $50 million bounty demandWorldPing
Image via CryptoSlate.

What happened

Blockstream is refusing to pay the Liquid attacker nearly 600 Bitcoin (roughly $50 million), escalating a dispute over how the crypto industry should reward partial restitution.

The standoff follows an unusual recovery from the Sept.

Key facts

  • Blockstream is refusing to pay the Liquid attacker nearly 600 Bitcoin (roughly $50 million), escalating a dispute over how the crypto industry should reward partial restitution.
  • Reported by CryptoSlate and published Sat, 12 Sep 2026 07:20:37 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Blockstream Tells Hackers To Return Remaining Bitcoin Stolen in Liquid Theft

  2. Coinbase CEO sees Bitcoin at $400,000, but first it has to clear $81,000

  3. Bitcoin’s ‘Unusual Mix’: Bearish Inflation Print, Bullish Buyback Failure

  4. Solo Bitcoin Miner Hits $244K Jackpot After Nearly 40-Day Drought

  5. Metaplanet CEO surrenders $220 million in stock rights to rebuild trust with investors

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

  7. Bitcoin activity, passports exposed after Revolut falls for fake government request

Sources

The original report was published by CryptoSlate. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CryptoSlate

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Related WorldPing coverage

Blockstream Tells Hackers To Return Remaining Bitcoin Stolen in Liquid TheftWorldPing
Bitcoin Magazine

Blockstream Tells Hackers To Return Remaining Bitcoin Stolen in Liquid Theft

Bitcoin Magazine Blockstream Tells Hackers To Return Remaining Bitcoin Stolen in Liquid Theft White hat hackers targeted Blocksteam's Liquid sidechain, taking over 4,000 bitcoins. They want to keep some of the bitcoins as a reward. Blockstream isn't happy.

Brief by WorldPing · Original reporting by Bitcoin Magazine