Blockstream refuses ransom as Liquid Network hackers still hold nearly 600 BTC
Blockstream refuses to pay a ransom for roughly 598 BTC still held by the hackers who drained the Liquid Network, vowing law-enforcement and forensic pursuit.
Theo Okafor reports on crypto policy and protocol governance for NFT Signals, following legislation through Congress and core development through the upgrade process.
67
articles
2026
Blockstream refuses to pay a ransom for roughly 598 BTC still held by the hackers who drained the Liquid Network, vowing law-enforcement and forensic pursuit.
XRP Healthcare is winding down after a flaw in its XRPH Wallet let attackers drain roughly $450,000 from 4,010 XRP Ledger wallets.
Consensys split into two companies without saying whether MetaMask will go public or launch the MASK token.
Ink Foundation, GSR and partner law and audit firms launched Charter Foundation, a shared Cayman-based legal framework that cuts upfront token launch costs by more than half.
Cronos validators rewound 10,961 blocks to recover $111.2 million of the $120.4 million Tectonic exploit, per a Sept. 8 post-mortem.
Harmony has proposed shutting down its Layer 1, snapshotting ONE balances and airdropping matching ERC-20 tokens on Ethereum, with future emissions redirected to an AI video venture.
Router Protocol says bridge economics are "structurally upside down" as it shuts down by Sept. 30 and burns 303.3 million ROUTE, roughly 30% of supply.
Purported white-hat hackers drained roughly 4,000 BTC from the Liquid Network federation wallet, and the sidechain is paused. L-BTC holders cannot redeem while reserves sit near empty.
Harmony proposed shutting down its own layer-1 blockchain and migrating its ONE token to Ethereum, weeks after an exploit forced the network to discard more than 109,000 transactions.
Cross-chain infrastructure project Router Protocol will cease operations by Sept. 30 and permanently burn 303 million ROUTE tokens after failing to find a buyer or sustain bridge revenue.