Blockstream recovered about 3,400 BTC from the 4,000 BTC stolen in a Liquid Network exploit but refuses to pay the $47 million ransom demanded for the remaining 598.5 BTC. The exploit exploited a software bug in the Elements codebase, allowing attackers to create unbacked L-BTC and swap it for real BTC without compromising the federation's signing keys. Blockstream views paying ransom as encouraging theft negotiation and has engaged law enforcement to recover the rest legally. This incident highlights the risks in crypto security and the company's stance against rewarding attackers.
The fourth Digital Assets & Tokenization Summit held in Singapore brought together global financial leaders, institutional investors, and tech innovators to discuss how AI, tokenization, and digital assets are transforming capital markets. Key discus...
A London-based novelist, using the pen name A. Nobody, has independently published a thriller titled "A Nobody: London Doesn't Believe in Superheroes." The story follows a masked hero who stops violent crimes in London anonymously, reflecting the aut...
Coastal Community Bank has committed $5 million to the Solomon Hess SBA Loan Fund to support small businesses in Snohomish and King Counties. This investment helps expand access to capital for businesses that may not qualify for traditional loans, fo...
Bitcoin could surpass $85,000 and approach $90,000 if macroeconomic uncertainty decreases, according to Matt Mena, senior crypto research strategist at 21shares. He noted $85,000 as a key resistance level but did not specify when Bitcoin might reach ...
A 2019 graph analysis traced 39,814.17 Bitcoin linked to the PlusToken scam through multiple mixers and exchanges, including Huobi, Bittrex, and Kraken, worth about $416.29 million at the time. The analysis followed transactions across several hops, ...
