Every Zipp story tagged #Blockstream, newest first.
Blockstream is calling the 10% demand 'theft, not white-hat disclosure.' The refusal draws a hard line on whether open-source Bitcoin infrastructure pays bug-bounty blackmail at all.
The partial return eases Liquid's immediate reserve crisis, but the network remains paused while operators repair the breach, resolve a chain split and restore confidence in L-BTC backing.
The recovery is substantial but incomplete: roughly $47M remains with the hackers as an apparent bounty.
Liquid issues L-BTC against bitcoin locked in reserve to speed up exchange settlements, so a near-total drain of that reserve forces every federation member to answer whether the model itself is…
The seven-day grace clause on the $15M is the structural tell: a missed payment voids Cantor's releases, reopening exposure the termination was meant to close.
The bitcoin-treasury vehicle backed by Blockstream's CEO is renegotiating its merger with Cantor Equity Partners and dropping the $1.5B PIPE, another reminder that the SPAC-era BTC treasury playbook…
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