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Liquid Network resumes BTC-LBTC swaps after 4,000 BTC exploit, direct withdrawals still blocked

Market News
21 Oct 2026
Tokenpost
View Source
Neutral
Liquid Network resumes BTC-LBTC swaps after 4,000 BTC exploit, direct withdrawals still blocked

Liquid Network, a Bitcoin sidechain by Blockstream, is allowing Bitcoin (BTC) conversions through swap providers again after a security exploit created about 4,000 unbacked LBTC tokens. While direct withdrawals from network reserves remain blocked, users can convert LBTC to BTC via participating swap providers. Most of the stolen BTC has been returned, with around 600 BTC still unrecovered. The network plans to restore full 1:1 backing and re-enable direct withdrawals once safeguards and technical infrastructure are confirmed secure.

The Liquid Network's recent security and reserve update provides context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 21, 2026 15:21 WIB: 43 of 50 major cryptocurrencies rose today. EOS increased by 8.13% to Rp12.649, CRV rose 7.59% to Rp6.990 with a 96% sell order activity, and VET grew 7.19% to Rp130 with a nearly balanced buy-sell order split.

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First patient treated in clinical trial of IBA's innovative ConformalFLASH® proton therapy for head and neck cancer.

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WISeQey lists on Nasdaq, aims to build secure AI and satellite platform for the Intelligence Age

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