$49.69 million worth of Bitcoin ($BTC ) is still stuck in the attacker’s wallet, and Liquid Network’s LBTC-to-Bitcoin redemption operations have been frozen for 35 days. The current price is 83,439.85 USDT, up 0.49% in 24 hours. Support for the project remains at 86%. The attacker previously exploited a vulnerability in Elements software to transfer nearly 4,000 Bitcoin ($BTC ), has returned about 3,400, and has left the remaining 598.5 untouched. Blockstream outright rejected the attacker’s demand for a 10% bounty, insisting that everything be returned immediately. Liquid Network says Elements v23.3.4 is undergoing an independent external security audit, while the Liquid Federation has also updated its PAK list and moved all redemption keys into cold storage. No specific date has been announced for the resumption of redemptions. Some LBTC holders have turned to Sideswap and Sideshift.ai to move their funds, but liquidity is thin, and after several weeks, the spread and fees add up to around 5%. When a sidechain runs into trouble, it can easily drag related assets down with it. I’m making a note of this Bitcoin ($BTC ) situation. Would you first ask whether the losses have been fully verified, or suspect an insider was involved? #快讯 #LiquidNetwork