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Liquid Network nears peg out restoration after security audit and key updates post-4,000 BTC exploit.

Protocol Fundamentals
29 Sep 2026
Crypto news
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Neutral
Liquid Network nears peg out restoration after security audit and key updates post-4,000 BTC exploit.

Liquid Network is progressing toward restoring peg out operations after initiating an independent security audit of Elements v23.3.4 and updating Peg out Authorization Keys (PAK) to enhance security. This follows a September exploit where about 4,000 BTC were withdrawn due to a software flaw and key management issues. The network has resumed normal transactions but peg outs remain suspended as the federation replaces PAK entries and ensures keys are secured in cold storage. No firm date for peg out resumption has been given, but further updates are expected soon.

Liquid Network's peg out suspension follows a September exploit involving about 4,000 BTC. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Sep 29, 2026 14:41 WIB: of 50 major cryptocurrencies priced on Pluang, 30 rose and 19 fell today. Notable movers include COMP at Rp438.823 (+4.24%, 69% Sell / 31% Buy), SUSHI at Rp4.710 (+4.17%, 93% Sell / 7% Buy), and CAKE at Rp46.859 (-3.73%, 52% Sell / 48% Buy).

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