PANews
PANews|Sep 18, 2026 01:47
[Liquid Releases Security Incident Update: Network Block Production and On-Chain Transfers Operating Normally, LBTC Peg-Outs Still Suspended] According to the security incident update released by Liquid Network early this morning, since resuming operations on September 10, the Liquid Network's block production and on-chain transfers, including LBTC, have been functioning normally. However, peg-out redemption operations remain suspended as the team works with federation members and partners to advance a security recovery plan. Of the approximately 4,000 BTC taken during the incident, around 3,400 BTC have been returned to the federation's reserves, while about 600 BTC remain unrecovered. The official statement notes that peg-out redemptions will only resume once LBTC's 1:1 BTC peg is fully restored, relevant software updates, testing, and independent security audits are completed. A detailed plan and timeline will be announced separately.
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