Liquid Network resumes BTC/L-BTC swaps at 1:1 as recovery enters final phase

Bitcoin sidechain Liquid Network resumed semi-automatic BTC/L-BTC swaps at 1:1 for real Bitcoin on Oct. 20, entering the final phase of its recovery. Peg-out operations resumed after an external security audit and hardening measures; an estimated 600 BTC shortfall will be added to the Federation wallet. Direct peg-out withdrawals remain restricted until reserves reach 1:1 backing.

Detected & updated continuously · Source: Nebula