‘We won’t pay’: Blockstream rejects hackers’ 10% bounty demand

‘We won’t pay’: Blockstream rejects hackers’ 10% bounty demand

Blockstream has drawn a hard line against the party holding the Bitcoin taken from Liquid Network and said it will not pay a ransom for the return of the stolen funds. In its latest statement, the blockchain technology company led by Adam Back rejected the claim that the incident was considered a responsible disclosure, while … Read more

Hackers call Blockstream “delusional, greedy and arrogant” and demand 10% bounty

Hackers call Blockstream “delusional, greedy and arrogant” and demand 10% bounty

The dispute between Blockstream and the party claiming to be a white hat hacker has taken a sharper turn, according to the latest update from Samson Mow. The hacker accused Blockstream of serious security flaws, while claiming the company allocated only $1.5 million, if anything, to secure $5 billion in assets. New shock with Blockstream … Read more