October 11, 2026, 15:45 UTC
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Liquid Network’s peg-out operations are still suspended 35 days after an exploit in Elements software drained nearly 4,000 BTC. Attackers returned about 3,400 BTC, but still hold 598.5 BTC worth roughly $49.69 million. Blockstream and the Liquid Federation are continuing an external security audit and have not said when LBTC redemptions for BTC will resume.
Source: https://whale-alert.io/stories/c8f101a7710461/Liquid-Network-peg-outs-remain-frozen-35-days-after-Elements-exploit-drained-nearly-4000-BTC
⚠️ This content is an automated quote/summary from an external source, not personal opinion or investment advice.
📉 📉 📉
Liquid Network’s peg-out operations are still suspended 35 days after an exploit in Elements software drained nearly 4,000 BTC. Attackers returned about 3,400 BTC, but still hold 598.5 BTC worth roughly $49.69 million. Blockstream and the Liquid Federation are continuing an external security audit and have not said when LBTC redemptions for BTC will resume.
Source: https://whale-alert.io/stories/c8f101a7710461/Liquid-Network-peg-outs-remain-frozen-35-days-after-Elements-exploit-drained-nearly-4000-BTC
⚠️ This content is an automated quote/summary from an external source, not personal opinion or investment advice.