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‘White hat’ hackers take $47 million bounty after $320 million crypto theft
Hackers withdrew $320 million in bitcoin from Liquid Network, negotiated on-chain, returned $266.5 million and kept a $47 million reward.
Purported white-hat hackers withdrew 4,000 BTC (about $320 million) from Liquid Network's own wallet, one of the largest cryptocurrency thefts of 2026. Over roughly 12 hours of public on-chain negotiation with operator Blockstream, the hackers returned $266.5 million in bitcoin and kept 598.5 BTC (about $47 million), claiming it as a reward for uncovering a bug. Blockstream deployed updated software and paused deposits and withdrawals while experts traced the flaw to the Elements sidechain framework. April thefts of $290 million from Kelp and $280 million from Drift, attributed to North Korean hackers, were previously 2026's largest.
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Webinar: Securing the Modern Workspace: What Enterprises MUST Know about Enterprise Browser Security
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Revolut Data Leak May Trace Back to Compromised Italian Government Accounts
Attackers using a compromised Italian government PEC account impersonated law enforcement to obtain data on ~680 Revolut customers.
Revolut confirmed its systems were not breached; fraudulent data requests came from a compromised PEC mailbox tied to the Prefecture of Reggio Calabria on the pec.interno.it domain. Per the Financial Times, roughly 680 customers had identity documents, addresses, banking information, verification selfies and cryptocurrency transaction histories exposed. Researcher Korra of Duel described a 'spray and pray' operation using hundreds of crypto transaction IDs and fraudulent European Investigation Orders. Threat actor IAmNotAVillain claims six months of access and 147 GB exfiltrated from Italian law-enforcement systems, though this remains unverified.
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