Good News, Finally: Liquid Network Restores Its Bitcoin Reserves
As crypto asset market participants and users jump from one hack story to another, the Liquid Network, a Bitcoin sidechain that suffered a hack in September, has finally restored its…
Auto Added by WPeMatico
Same Name, Different Company: Blockstream Addresses $6.7M River Lawsuit
According to court filings, River Financial sued Blockstream Services Canada ULC on Sept. 11 for $6.7 million on a canceled contract. Headlines shared on X said Blockstream was the defendant.…
Liquid Hack Leaves Bull Bitcoin Users Facing 30-Day Wait to Reclaim BTC
Earlier this week, the Canadian bitcoin exchange and wallet company Bull Bitcoin explained that customers currently cannot convert their L-BTC back to BTC using the platform. The news traces back…
L-BTC Peg-Out Still Shut Down as Blockstream Refuses Hacker Demand
It’s been 11 days since the so-called white hat hackers siphoned nearly 4,000 BTC from the Liquid Network. Since then, after the return of 3,400 BTC and a whole lot…
‘Return the Bitcoin’: Blockstream Draws Line After 4,000 BTC Hack
A group that drained nearly 4,000 BTC from Blockstream’s Liquid Network returned 3,400 BTC, kept about 598.5 BTC, demanded a 10% bounty, and warned L-BTC holders could face a 15%…
Blockstream Hackers Demand 10% Bounty, Threaten 15% Holder Loss
Blockstream’s standoff with the self-described white hats behind the Liquid Network exploit kicked into high gear Wednesday after the group demanded a 10% bug bounty and threatened further losses for…
Blockstream Completes $210 Million Convertible Note Financing Round
Blockstream, a bitcoin infrastructure firm, announced on Tuesday the successful closure of a $210 million convertible note financing round, led by the investment firm Fulgur Ventures. According to the firm,…
Polymarket Sees Shifts in Satoshi Nakamoto Betting Odds Ahead of HBO Film Release
With the HBO documentary set to release on Wednesday, claiming to reveal the true identity of Satoshi Nakamoto, Polymarket bettors are actively speculating on who it might be. As of…
Perfect storm for undervalued ASICs: Blockstream plans $50M raise to buy miners
Blockstream intends to buy and store ASIC mining hardware ahead of Bitcoin’s halving in 2024.
Crypto Biz: Is Goldman Sachs the ultimate crypto contrarian?
Is the U.S. investment bank looking to buy up distressed crypto firms amid the bear market?