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Liquid Network resumes normal operations after $320M hack, but BTC peg-outs remain suspended.

Market News
18 Sep 2026
AMBCrypto
View Source
Neutral
Liquid Network resumes normal operations after $320M hack, but BTC peg-outs remain suspended.

After a $320 million hack on September 6, Liquid Network has mostly returned to normal, with block production and transactions running smoothly since September 10. Key services like asset transfers and digital promissory notes have resumed, and a new swap feature allows limited LBTC-Bitcoin exchanges on the Lightning Network. However, the critical function of converting LBTC back to Bitcoin via peg-outs remains suspended due to ongoing Bitcoin recovery efforts, as about 600 BTC of the stolen 4,000 BTC are still missing. The exploit's root cause has been identified and fixed, but full recovery depends on restoring peg-outs and exchange support.

The Liquid Network's status after the $320M hack is presented here with Pluang's market data as of Sep 18, 2026 17:54 WIB: Among 50 major cryptocurrencies priced on Pluang, 46 rose and 3 fell today. Notable movers include KSM (Kusama) at Rp76.756 with a 9.47% increase and 100% sell order activity, FIL (Filecoin) at Rp15.547 up 9.10% with 98% buy activity, and XTZ (Tezos) at Rp4.783 rising 8.98% with 98% buy activity. The most notable figure is KSM's 100% sell order activity.

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