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

3 outlets reporting

Your call?🐂 Bullish🐻 Bearish

4,000 BTC

drained in exploit

$BTC

$83,824

+1.0%

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…