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

It has been 35 days since an attacker exploited a vulnerability in the Liquid Network’s Elements software, draining nearly 4,000 BTC from the protocol, and although 3,400 BTC has since been recovered, redemptions of LBTC...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Liquid Network at 86% Backing as Bitcoin Redemption Freeze Drags On
It has been 35 days since an attacker exploited a vulnerability in the Liquid Network’s Elements software, draining nearly 4,000 BTC from the protocol, and although 3,400 BTC has since been recovered, redemptions of LBTC for actual bitcoin remain suspended as an independent external security audit of Elements v23.3.4 is underway. Liquid Network Peg-Outs Remain […]

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Bitcoin is showing up inside the Security Incidents theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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