Liquid keeps L-BTC withdrawals paused two weeks after attack; 598.5 BTC still held
- —L-BTC to BTC peg-outs have been paused since September 6; block production and in-network transfers resumed
- —Attackers returned roughly 3,400 BTC but still hold 598.50 BTC worth about $47 million
- —Bull Bitcoin estimates L-BTC/BTC swaps could return in 30 days, calling it an estimate, not a guarantee
- —Bull Bitcoin disabled incoming Lightning payments because it relies on peg-outs
Why it matters: The prolonged peg-out halt undermines confidence in Liquid and blocks BTC redemption for L-BTC holders.
Source: DiarioBitcoin