Security
A roughly 602.53 BTC shortfall keeps Liquid Network’s bitcoin redemptions frozen
The Cryptonomist·October 11, 2026·1 min read
Liquid Network's bitcoin redemptions remained suspended on October 11, 2026, 35 days after an exploit drained its reserves. Transfers were working again, but holders still could not redeem L-BTC for bitcoin: reserves covered about 85.8% of the outstanding tokens. Liquid's reserve deficit stood at approximately 602.53 BTC. Transfers resumed on September 10, 2026.
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