[Liquid Network Redemption Frozen for 35 Days, Attacker Still Holds $49.69 Million Worth of Bitcoin, Protocol Support Rate Drops to 86%] Odaily Planet Daily News: The Bitcoin sidechain project Liquid Network's LBTC-to-Bitcoin redemption operation has been suspended for 35 days. As of October 11, 2026, the project maintains an 86% support rate. Previously, attackers exploited a vulnerability in the Elements software to transfer nearly 4,000 Bitcoins, of which approximately 3,400 have been returned. The wallet still holds 598.5 Bitcoins, valued at $49.69 million. Blockstream has rejected the attacker’s demand for a 10% bounty and has insisted on the immediate return of the remaining Bitcoins. Liquid Network stated that an independent external security audit of Elements v23.3.4 is underway, and the Liquid Federation is simultaneously updating the PAK list and placing all redemption keys in cold storage. Currently, there is no specific date for resuming redemption operations. Some LBTC holders have migrated funds through applications such as Sideswap and Sideshift.ai. One user reported that due to insufficient liquidity, the migration took several weeks, with a combined price difference and fees amounting to approximately 5%. (Bitcoin.com News)