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Blockstream Refuses Ransom Demand for Remaining 600 Bitcoins in Liquid Network Exploit
Blockstream, the operator of the Bitcoin sidechain Liquid Network, has refused to pay the ransom demand for the remaining 600 Bitcoin from a previous exploit. The Liquid Network has resumed trading, but the peg-out function remains disabled, with recovery efforts ongoing. Previously, the Liquid Network suffered hacker attacks on September 7 and 8, resulting in a loss of Bitcoin valued at $320 million.
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