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Liquid Network Halts Bitcoin Redemptions After Reserve Gap Emerges

TokenPost·October 11, 2026·1 min read
Liquid Network Halts Bitcoin Redemptions After Reserve Gap Emerges

The Liquid Network halted Bitcoin redemptions after an exploit created about 4,000 unbacked Liquid Bitcoin. Roughly 602 BTC remain outstanding after most withdrawn reserves were returned. The incident highlights vulnerabilities in sidechain operations, prompting a suspension to protect users and assess the reserve gap.

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