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

  3. Revolut tricked into handing hackers the passports and Bitcoin histories of wealthy customers

  4. XRP’s 30% monthly rebound meets a $4.6 million liquidity trial inside XRPL’s $1.1 billion stablecoin boom

  5. Ether ETFs Gain $216M as Bitcoin ETFs Extend 4-Day Outflow Streak

  6. Crypto billionaires Ben Delo and Christopher Harborne each donate £36 million to Farage’s Reform UK

  7. Revolut Leaks Passports, Bitcoin Transaction Histories to 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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