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$47M Still Missing After Liquid Hack as Blockstream Bargains With 'White Hats'

DecryptTuesday, September 8, 2026 at 8:46 PM

RedScroll Brief

$47M Still Missing After Liquid Hack as Blockstream Bargains With 'White Hats'
Image via Decrypt

The hackers have returned 3,400 of the roughly 4,000 BTC drained from the sidechain, but about 600 BTC remains outstanding—and some doubt the actors' "white hat" claims.

RedScroll Signal

Impact
High
Category
Crypto
Market relevance
High
Why it matters
Crypto moves are a live stress test of liquidity, regulation, and narrative risk. The hackers have returned 3,400 of the roughly 4,000 BTC drained from the sidechain, but about 600 BTC remains outstanding—and some doubt the actors' "white hat" claims. Watch liquidity and volatility around Still Missing After and Liquid Hack — crypto markets reprice narrative risk quickly.

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RedScroll Briefing

Extractive editorial brief — not a reprint of the original

What happened

The hackers have returned 3,400 of the roughly 4,000 BTC drained from the sidechain, but about 600 BTC remains outstanding—and some doubt the actors' "white hat" claims.

Why it matters

Crypto moves are a live stress test of liquidity, regulation, and narrative risk.

Background

Decrypt reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

  1. Decrypt published: $47M Still Missing After Liquid Hack as Blockstream Bargains With 'White Hats'

  2. Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Watch liquidity and volatility around Still Missing After and Liquid Hack — crypto markets reprice narrative risk quickly.

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Source

Decrypt

Original reporting by Decrypt. RedScroll provides an extractive briefing only.