<ofrnxmr> > Partial fund recovery. On September 7 at 16:09:25 UTC (Liquid block 965,950), the exploiters returned 3,400 BTC to the Liquid Federation peg wallet. Approximately 598.5 BTC (15% of the total) remains outstanding. Discussions between Blockstream and the individuals responsible are ongoing to secure the return of the remaining funds.

<ofrnxmr> sounds like blockstream doesnt agree with the "white"hat's "bounty"

<jpk68:matrix.org> How are they communicating with them?

<slowbeardigger:matrix.org> They’re lucky

<slowbeardigger:matrix.org> @jpk68:matrix.org: Messages using the blockchain

<slowbeardigger:matrix.org> OP Return or something like that

<slowbeardigger:matrix.org> @slowbeardigger:matrix.org: and the hackers were a bit smart

<slowbeardigger:matrix.org> Negotiating like that (presuming is not an insider attack, which i think it is) removes the chance of law shit being used

<slowbeardigger:matrix.org> So they can do as they please with the remaining money

<slowbeardigger:matrix.org> but seems like blockstream, as ofrnrxmr said, don’t like the amount they took

<ofrnxmr> x.com/Liquid_BTC/status/2097404704028545175

<slowbeardigger:matrix.org> Blockstream should not push hard on that imo

<ofrnxmr> @slowbeardigger:matrix.org: Liquid is dead if they cant balance the book

<slowbeardigger:matrix.org> @ofrnxmr: tru

<slowbeardigger:matrix.org> But well

<ofrnxmr> They repeat a few times that they are trying to get the $ back

<slowbeardigger:matrix.org> All good for Monero :)

<slowbeardigger:matrix.org> @ofrnxmr: yep

<ofrnxmr> > The Liquid Network remains offline at this time, while we work on reviewing the security fixes and network resumption code and coordinate with the white hat hacker towards timely resumption of the network with 1:1 backing for BTC

<slowbeardigger:matrix.org> Suits must be pushing to get every penny back

<ofrnxmr> > Our immediate priorities are recovering the remaining funds and resuming normal network operations safely and as quickly as possible.

<slowbeardigger:matrix.org> What’s funny, vuln was thanks to elements, and it was supposed to make the amounts hidden or something like that

<slowbeardigger:matrix.org> lot of trickery to mimic monero’s power

<ofrnxmr> Confidential transactions are inherited from btc

<ofrnxmr> Monero's* CT are

<ofrnxmr> Just that btc never implemented or deployed it, (particl, a btc fork, impl it as PART Blind)

<jpk68:matrix.org> Are they? Or from researchers who worked on BTC?

<ofrnxmr> > Recently the technique of using a commitment scheme to hide the amount of a transaction has been discussed and implemented by Bitcoin Core developer Gregory Maxwell.

<ofrnxmr> bitcointalk.org/index.php?topic=1085273.0