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BSP Draft Rules Seek to Block QR Ph Workaround Used by Offshore Platforms

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Foreign platforms, including crypto, prediction market, and web3 apps that rely on third-party aggregators to accept QR Ph payments could soon lose access to Philippine domestic payment rails under proposed regulations from the Bangko Sentral…

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Liquid Network recovers 3,400 BTC after bridge exploit

Liquid Network has recovered 3,400 BTC worth about $269.2 million from the self-described white-hat hackers behind a 4,000 BTC withdrawal, although nearly $47 million remains outstanding. Summary The actors returned 3,400 BTC, recovering about 85% of the withdrawn funds. Roughly 598.5 BTC, worth about $47 million, remains in the withdrawal-linked address. Blockstream told the actors…

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Liquid Network Pauses After Purported ‘White-Hat’ Hackers Withdraw $320 Million in Bitcoin

Bitcoin sidechain Liquid Network has been paused after roughly 4,000 BTC worth about $320 million was withdrawn from the federation wallet backing its L-BTC token, in an incident that appears to have exploited a vulnerability in the network’s underlying software rather than compromised its cryptographic keys. Liquid confirmed on Sunday that purported “white-hat hackers” had…

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