🚨 SideSwap Suspends Liquid Services

SideSwap has temporarily suspended swaps, peg-ins, and peg-outs after a major L-BTC incident involving 4,000 L-BTC.

According to reports, the L-BTC was linked to an Elements software vulnerability, while SideSwap stated that its own systems and peg-out authorization keys were not compromised.

Liquid services remain paused until the network is restored. Users are advised not to send new peg-in or peg-out deposits for now.

Stay alert. 🔥

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