{"id":78015,"date":"2026-09-11T08:07:12","date_gmt":"2026-09-11T08:07:12","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-red-team-claims-blockstream-ignored-warnings-before-hack\/"},"modified":"2026-09-11T08:07:12","modified_gmt":"2026-09-11T08:07:12","slug":"bitcoin-red-team-claims-blockstream-ignored-warnings-before-hack","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-red-team-claims-blockstream-ignored-warnings-before-hack\/","title":{"rendered":"Bitcoin Red Team Claims Blockstream Ignored Warnings Before Hack"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin Red Team claimed it warned Blockstream before the hack, fueling debate over preventable losses.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Blockstream denied ignoring security warnings, attributing the vulnerability to a flawed AI bug fix.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Liquid restored transactions on Sept 10, but peg-outs remain disabled with nearly 600 BTC still missing.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Bitcoin Red Team Allegedly Reported Liquid Bug Before 4,000 BTC Incident<\/h2>\n<p>While the fight to <a href=\"https:\/\/news.bitcoin.com\/security\/liquid-hackers-return-3400-btc-keep-47m-as-network-stays-frozen\/\">recover the nearly 600 BTC<\/a> remaining from the Liquid exploit incident continues, a group of security developers pointed out that this theft might have been avoided in the first place.<\/p>\n<p>The Bitcoin Red Team, <a href=\"https:\/\/news.bitcoin.com\/security\/bitcoin-red-team-audit-coldcard-vulnerabilities\/\">a group of volunteers dedicated to auditing and disclosing vulnerabilities<\/a> across bitcoin-aligned projects that surged after the Coldcard exploit, indirectly signaled that it had already disclosed the vulnerability exploited to move close to 4,000 BTC from the Liquid federation wallets.<\/p>\n<p>Answering a post by Blockstream founder and CEO Adam Back, who explained that the bug that allowed the hack to happen was introduced <strong>\u201cdue to an incorrect bug fix, to an AI-found bug which was also a non-critical bug,\u201d <\/strong><a href=\"https:\/\/x.com\/callebtc\/status\/2098115137634725933?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin Red Team co-lead Calle stated<\/a>:<\/p>\n<p><strong><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3\">\u201cTurns out it only costs you 600 BTC to ignore an email from the red team.\u201d<\/span><\/strong><\/p>\n<p>Calle continued, stating that Back\u2019s statements were inaccurate and that Blockstream had only <strong>\u201cselectively and inaccurately mentioned the patches without complete and very clear history of acknowledgement.\u201d<\/strong><\/p>\n<p>Nonetheless, former Blockstream CSO Samson Mow stressed that no emails were ignored, declaring these insinuations diminished the Red Team\u2019s professionalism.<\/p>\n<p><strong>\u201cWe will give Blockstream time to restore orderly operations and publish a postmortem on the liquid hack before we share our own complete account of the disclosure process,\u201d<\/strong> Calle concluded, <a href=\"https:\/\/x.com\/callebtc\/status\/2098116300459450512\" target=\"_blank\" rel=\"noopener noreferrer\">hinting at conflicting versions<\/a> of the same events leading to the hack.<\/p>\n<p>While the sidechain network had been detained since the incident was disclosed, on September 10, Liquid <a href=\"https:\/\/news.bitcoin.com\/crypto-news\/liquid-network-resumes-block-production-after-4000-btc-exploit\/\">restarted block production without enabling transactions<\/a>. At the time of writing, <a href=\"https:\/\/x.com\/Liquid_BTC\/status\/2098140614239920622?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">transactions have been enabled<\/a>, and nodes are validating blocks. Nonetheless, peg-outs remain disabled <strong>\u201cas a precautionary measure,\u201d <\/strong>offering no defined timeframe for their resumption.<\/p>\n<p>The white-hat hacker still controls the remaining BTC, meaning a third party would have to deposit the needed assets to ensure a 1:1 peg between BTC and L-BTC, the native liquid asset.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/security\/bitcoin-red-team-claims-blockstream-ignored-warnings-before-hack\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitcoin Red Team claimed it warned Blockstream before the hack, fueling debate over preventable losses. Blockstream denied ignoring security warnings, attributing the vulnerability to a flawed AI bug fix. Liquid restored transactions on Sept 10, but peg-outs remain disabled with nearly 600 BTC still missing. Bitcoin [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":78016,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78015"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=78015"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78015\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/78016"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=78015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=78015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=78015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}