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Liquid Network at 86% Backing as Bitcoin Redemption Freeze Drags On

Bitcoin.com News·October 11, 2026·1 min read
Liquid Network at 86% Backing as Bitcoin Redemption Freeze Drags On

It has been 35 days since an attacker exploited a vulnerability in Liquid Network's Elements software, draining nearly 4,000 BTC. Although 3,400 BTC has been recovered, redemptions of LBTC for bitcoin remain suspended as an independent external security audit of Elements v23.3.4 is underway.

Read at Bitcoin.com News
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