Revolut suffered a data breach after attackers impersonated government officials and obtained sensitive customer information including passports, addresses, and transaction histories. Threat actors are demanding 10,000 BTC ransom and threatening to release more data daily. Meanwhile, US Senators released the final Crypto Clarity Act draft for voting, and major financial institutions including Morgan Stanley continue purchasing Bitcoin.
Revolut customers' personal data was compromised in a breach where attackers obtained and began publishing KYC documents including photos, identity papers, and financial records through Telegram. The attackers, claiming to represent a law enforcement agency, used Italian certified email (PEC) to make the breach appear official, demanding payment from Revolut while threatening to release more victims' information daily.
The UK House of Lords passed an amendment requiring the government to develop a national cryptocurrency strategy within 12 months, while Blockstream refused to pay ransom for stolen Liquid Network bitcoin and The Smarter Web Company announced plans for a Bitcoin treasury-backed preferred share IPO on the London Stock Exchange.
Ehsan criticizes a blockchain protocol for poor security practices that led to a hack, arguing the developers lack accountability and victim mentality. Blockstream responds to the Liquid Network theft by refusing ransom demands, rejecting the framing as responsible disclosure, and pledging to pursue legal avenues while calling on the Bitcoin community to uphold white-hat principles.
Blockstream refuses to pay ransom for bitcoin stolen from the Liquid Network, stating that theft and extortion are crimes, not responsible disclosure. The company vows to pursue all lawful avenues including law enforcement and forensic specialists to recover the assets, while appealing to the broader Bitcoin community to support the recovery effort.